Nanotechnology Now

Our NanoNews Digest Sponsors



Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Keeping up investment in science and innovation key to long-term growth, says OECD

Abstract:
OECD governments must maintain spending on science and innovation to strengthen their long-term growth in the face of rising global competition, according to a new OECD report.

Keeping up investment in science and innovation key to long-term growth, says OECD

France | Posted on December 14th, 2010

The Science, Technology and Industry Outlook 2010 shows that real growth in R&D spending by OECD countries has in fact slowed, with annual growth falling from over 4% in recent years to 3.1% in 2008.

But, despite the economic crisis, some countries have increased their spending since 2008. Germany, Korea, Sweden and the US have boosted spending on public research to strengthen long-term innovation.

Emerging economies continue to increase their spending on R&D. China's real expenditure on R&D in 2008 was equivalent to 13% of the OECD total, up from around 5% in 2001. The Russian Federation's R&D spending in 2008 was equal to 2% of the OECD total, close to the shares of Canada and Italy.

"Investment in science and technology is an investment in the future. At a time of fiscal consolidation, countries must carefully consider the long-term impact of spending cuts on science and technology," said OECD Secretary-General Angel Gurría. "There is also a need to increase the efficiency of this spending. The right governance structures should be in place if countries are to make the most of the resources devoted to science and technology."

Reviewing the different challenges facing OECD countries in fostering innovation, the report says that a number of key issues need tackling urgently. These include:

* Building a new shared system for the governance of international co-operation in science and technology to address global challenges, such as climate change.
* Improving policy support at different stages of the innovation value chain, from basic research to entrepreneurship.
* Improving access to public research data and upgrading ICT infrastructure.
* Co-ordinating policy at regional, national and international levels.

The OECD Science, Technology and Industry Outlook 2010 reviews trends and developments in science, technology and innovation policy in OECD countries and six emerging economies (Brazil, China, India, Indonesia, the Russian Federation and South Africa).

As part of the OECD's 50th anniversary in 2011, this edition of the Outlook also includes a chapter looking at how science and technology have evolved since the 1960s, how the OECD has contributed and the prospects for the 21st century.

The OECD Science, Technology and Industry Outlook 2010 is available to journalists on the OECD's password-protected website. More data and analysis, including profiles for 40 countries, is available at www.oecd.org/sti/outlook

####

About OECD
Our mission is to promote policies that will improve the economic and social well-being of people around the world.

For more information, please click here

Contacts:
Ester Basri
OECD’s Science, Technology and Industry directorate
tel. + 33 1 45 24 96 24

or the OECD's Media Division
tel. + 33 1 45 24 97 00

Copyright © OECD

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Iranian Researchers Synthesize Stable Ceramic Nanopowders at Room Temperature September 20th, 2014

Arrowhead to Present at BioCentury's NewsMakers in the Biotech Industry Conference September 19th, 2014

SouthWest NanoTechnologies (SWeNT) Receives NIST Small Business Innovation Research (SBIR) Phase 1 Award to Produce Greater than 99% Semiconducting Single-Wall Carbon Nanotubes September 19th, 2014

Toward optical chips: A promising light source for optoelectronic chips can be tuned to different frequencies September 19th, 2014

Jobs

Secretary Vilsack Announces Partnership to Advance Commercial Potential of Cellulosic Nanomaterial from Wood December 11th, 2013

Cutting Away at the NRC's Research Capability December 6th, 2013

Project aims to mass-produce 'nanopetals' for sensors, batteries October 22nd, 2013

Governor Cuomo Announces 'Nano Utica' $1.5 Billion Public-Private Investment That Will Make the Mohawk Valley New York's Next Major Hub of Nanotech Research October 12th, 2013

Govt.-Legislation/Regulation/Funding/Policy

SouthWest NanoTechnologies (SWeNT) Receives NIST Small Business Innovation Research (SBIR) Phase 1 Award to Produce Greater than 99% Semiconducting Single-Wall Carbon Nanotubes September 19th, 2014

Big Results Require Big Ambitions: Three young UCSB faculty receive CAREER awards from the National Science Foundation September 18th, 2014

Scientists refine formula for nanotube types: Rice University theorists determine factors that give tubes their chiral angles September 17th, 2014

New non-invasive technique could revolutionize the imaging of metastatic cancer September 17th, 2014

Announcements

Iranian Scientists Separate Zinc Ion at Low Concentrations September 20th, 2014

Arrowhead to Present at BioCentury's NewsMakers in the Biotech Industry Conference September 19th, 2014

SouthWest NanoTechnologies (SWeNT) Receives NIST Small Business Innovation Research (SBIR) Phase 1 Award to Produce Greater than 99% Semiconducting Single-Wall Carbon Nanotubes September 19th, 2014

Toward optical chips: A promising light source for optoelectronic chips can be tuned to different frequencies September 19th, 2014

Research partnerships

Biosensors Get a Boost from Graphene Partnership: $5 Million Investment Supports Dozens of Jobs and Development of 300mm Fabrication Process and Wafer Transfer Facility September 18th, 2014

The Pocket Project will develop a low-cost and accurate point-of-care test to diagnose Tuberculosis: ICN2 holds a follow-up meeting of the Project on September 18th - 19th September 18th, 2014

Recruiting bacteria to be technology innovation partners: September 17th, 2014

Carbon Sciences Developing Breakthrough Technology to Mass-Produce Graphene -- the New Miracle Material: Company Enters Into an Agreement With the University of California, Santa Barbara (UCSB) to Fund the Further Development of a New Graphene Process September 16th, 2014

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE