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Explore the convergence of policy streams in regional innovation and competitiveness as regions play a pivotal role in fostering innovation. Discover the impact of innovation on the Economy and Finance sector, especially in moving out of recession. Delve into challenges in measuring innovation performance and the varying progress across regions. Uncover the significance of R&D-led innovation and the growth dynamics in different regions. Gain insights into the relationship between public R&D investment, GDP growth, and the engagement of firms in research and development activities. Identify trends in regional innovation interventions and the scope for improvement based on global models.
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Innovation and Regional Policy Andrew Davies, head of unit, regional innovation and competitiveness andrew.davies@oecd.org
Policy streams converging: regions are where innovation happens… And now Economy and Finance – innovation’s role in moving out of recession
But new policy environment challenges how innovation performance is measured
R&D-led innovation maps suggest inertia… Patents per million inhabitants, 2002-4
…but there is rapid progress in other places – esp. regions with autonomy… Top ten performers in terms of growth rates over the last ten years Red = patenting Dark blue = business R&D Dark green = public R&D GDP growth improves after 3-5 year time lag…
In these regions: Public R&D as a percentage of regional GDP is low Firms engage less in R&D (less than 50% of innovative firms engage in R&D) Fewer jobs are in high technology sectors …and regions only weakly engaged in R&D-based innovation still grow Yet this group have above average GDP growth…Good at absorbing, entrepreneurial, non-tech innovators
But growth in OECD regions dwarfed by growth in (some) Asian regions Shanghai aims to increase R&D intensity to 3.3% by 2020…
…with some general models, but no clear best practice… ↔ = both central and regional levels involved ↓ = essentially a regional responsibility; ↑ = essentially a regional responsibility Source: Based on Technopolis et al. (2006)
OECD research agenda • A series of Regional Innovation Reviews (e.g., north of England, Piedmont, Catalonia…) • Contributing to the OECD Innovation Strategy – the regional dimension • OECD Ministerial (31 March) and Regional Policy Forum (30 March) feature innovation • Collaboration with EU on policy analysis