Science, Technology - OECD

← Back to document page

Policy BriefOrganisation for Economic Co-operation and Development OECD 2000September 2000SummaryScientific advances and technological change are important drivers ofrecent economic performance. The ability to create, distribute andexploit knowledge has become a major source of competitive advan-tage, wealth creation and improvements in the quality of life. Some ofthe main features of this transformation are the growing impact ofinformation and communications technologies (ICT) on the econ-omy and on society; the rapid application of recent scientific advancesin new products and processes; a high rate of innovation across OECDcountries; a shift to more knowledge-intensive industries and serv-ices; and rising skill changes imply that science, Technology and innovation are nowkey to improving economic performance and social well-being. How-ever, if governments want to obtain the benefits from this transforma-tion they will have to put the right policies in place.

2 Policy Brief Science, Technology and Innovation in the New Economy What is the role of science, technology and innovation in the new economy? Recent OECD analysis shows that

  Code, Technology, Sciences, Of science