Transcription of Key Findings - OECD
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Key Findings - OECD
Ministerial report on theOECD Innovation Strategy Innovation to strengthen growth and address global and social challenges Key Findings May 2010 Introduction Current economic and social challenges are enormous .. Today, the world s societies face severe economic and social challenges. The 2008-09 economic downturn has led to reduced potential output growth, rising unemployment and soaring public debt. To recover, countries need to find new and sustainable sources of growth. The search for new sources of growth comes however at a time when many countries have stagnating or declining populations and face diminishing returns from labour inputs and investment in physical capital. Future growth must therefore increasingly come from innovation-induced productivity growth.
Ministerial report on the OECD Innovation Strategy Innovation to strengthen growth and address global and social challenges Key Findings May 2010
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