Research and innovation keys to competitiveness says OECD Council meeting
Research and innovation keys to competitiveness says OECD Council meeting Research and innovation are crucial to competitiveness and have a vital role to play in addressing major global challenges such as climate change and sustainable development, according to the participants at the recent OECD Ministerial Level Council meeting on innovation, growth and equity in Paris.
During the meeting, the ministers agreed that with productivity losing momentum in a number of OECD regions, there is a need to improve the framework conditions for innovation. They also highlighted the importance of investing in education systems to ensure a steady supply of researchers and skilled workers for the future, and boosting private sector investment in innovation.
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