It is widely accepted that innovation is key to economic growth. Countries where research and innovation are high on the national agenda are best suited to prosper in the knowledge-based economy. Conversely, countries whose economies are mainly dependent on natural resources and basic industries tend to lack competitiveness and flexibility in adapting to changing global trends. The Organisation for Economic Co-operation and Development (OECD) has long been concerned with the measurement of research and experimental development (R&D) and innovation activities.
Measuring Innovation in OECD and NON-OECD Countries Selected seminar papers
Cape Town: HSRC Press
ISBN 10: 0-7969-2062-1, ISBN 13: 978-07969-2062-1
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