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Science, Technology and Industry Science, Technology and Industry Outlook Outlook 2001 Science, Technology
DRIVERS OF GROWTH: INFORMATION TECHNOLOGY, INNOVATION
AND ENTREPRENEURSHIP and Industry Outlook
The impact of information technology, innovation and entrepreneurship on economic performance is DRIVERS OF GROWTH: INFORMATION
the subject of heated debate. Despite the current economic downturn, changes in these factors have TECHNOLOGY, INNOVATION AND
brought about crucial, lasting changes to the growth dynamics of OECD countries.
ENTREPRENEURSHIP
This special edition of the Science, Technology and Industry Outlook takes a closer look at the ways
in which these factors are evolving and how they relate to each other. It examines the main problem
areas and mends a number of policy responses. The areas which receive in-depth
consideration include policies to increase returns from ICT investment, software, reform,
raising returns from R&D, industry science relations, and policies to facilitate the entry of new firms
as well as the exit of existing petitive ones. A key message is that an improved performance SCIENCE AND INNOVATION
requires coherent prehensive policy responses. While domestic policy must take the lead in
many areas, some of the obstacles munication, scientific development, innovation and
entrepreneurship cannot be removed through national measures alone. The report highlights a
number of issues which require international solutions that can only be implemented through
improved international co-operation.
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