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[IWS] OECD SCIENCE, TECHNOLOGY AND INDUSTRY OUTLOOK 2014 [12 November 2014]
IWS Documented News Service
Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
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Organisation for Economic Cooperation and Development (OECD)
OECD SCIENCE, TECHNOLOGY AND INDUSTRY OUTLOOK 2014 [12 November 2014]
[read online, 480 pages]
The OECD Science, Technology and Industry Outlook 2014 reviews key trends in science, technology and innovation (STI) policies, and performance in more than 45 economies, including OECD countries and major emerging economies. The report draws on the latest OECD work on science and innovation policy analysis and measurement.
Following an overview of the STI global landscape and policy trends, key policy issues are discussed across a series of thematic policy profiles. The third section examines individual STI country performances, along with the most recent national policy developments. These global and national policy trends are monitored by a unique international policy survey conducted by the OECD every two years.
Press Releaes 12 November 2014
China headed to overtake EU, US in science & technology spending, OECD says
12/11/14 - Squeezed R&D budgets in the EU, Japan and US are reducing the weight of advanced economies in science and technology research, patent applications and scientific publications and leaving China on track to be the world’s top R&D spender by around 2019, according to a new OECD report.
The OECD Science, Technology and Industry Outlook 2014 finds that with R&D spending by most OECD governments and businesses yet to recover from the economic crisis, the OECD’s share in global R&D spending has slipped from 90% to 70% in a decade.
Annual growth in R&D spending across OECD countries was 1.6% over 2008-12, half the rate of 2001-08 as public R&D budgets stagnated or shrank in many countries and business investment was subdued. China’s R&D spending meanwhile doubled from 2008 to 2012.
Gross domestic expenditure on R&D (GERD) in 2012 was USD 257 billion in China, USD 397 billion in the United States, USD 282 billion for the EU28 and USD 134 billion in Japan.
AND MORE...including CHARTS....
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