Fostering innovation in Iceland for the digital era:
Iceland is an innovative country, but has untapped innovation potential. Strengthening innovation, especially in the ICT area, is crucial for strong productivity growth and performance in an increasingly digitalised world, as well as a sustained recovery from the COVID-19 pandemic. Ensuring more eff...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2021
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| Schriftenreihe: | OECD Economics Department Working Papers
no.1686 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Iceland is an innovative country, but has untapped innovation potential. Strengthening innovation, especially in the ICT area, is crucial for strong productivity growth and performance in an increasingly digitalised world, as well as a sustained recovery from the COVID-19 pandemic. Ensuring more effective public support for business R&D is important. The R&D tax incentive scheme is generous by international comparison, but take-up has been low and many smaller firms have not been inclined to innovate. Following increased support, outcomes need to be monitored regularly. Adopting new technologies is also essential for stronger innovation outcomes. Competition-friendly framework conditions are key to sharpening firms' incentives to adopt advanced technologies. The public sector too could become more digitalised. The education system needs to provide relevant skills. Participation of adult workers, especially the less educated, in re-skilling and up-skilling programmes should increase further. At the same time, business and universities need to collaborate more to maximise knowledge flows, with important benefits for innovation and society. |
| Beschreibung: | 1 Online-Ressource (46 p.) 21 x 28cm. |
| DOI: | 10.1787/39c1b3d9-en |
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| spelling | Koutsogeorgopoulou, Vassiliki VerfasserIn aut Fostering innovation in Iceland for the digital era Vassiliki, Koutsogeorgopoulou and Eunha, Cho Paris OECD Publishing 2021 1 Online-Ressource (46 p.) 21 x 28cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Economics Department Working Papers no.1686 Iceland is an innovative country, but has untapped innovation potential. Strengthening innovation, especially in the ICT area, is crucial for strong productivity growth and performance in an increasingly digitalised world, as well as a sustained recovery from the COVID-19 pandemic. Ensuring more effective public support for business R&D is important. The R&D tax incentive scheme is generous by international comparison, but take-up has been low and many smaller firms have not been inclined to innovate. Following increased support, outcomes need to be monitored regularly. Adopting new technologies is also essential for stronger innovation outcomes. Competition-friendly framework conditions are key to sharpening firms' incentives to adopt advanced technologies. The public sector too could become more digitalised. The education system needs to provide relevant skills. Participation of adult workers, especially the less educated, in re-skilling and up-skilling programmes should increase further. At the same time, business and universities need to collaborate more to maximise knowledge flows, with important benefits for innovation and society. Economics Iceland Cho, Eunha MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/39c1b3d9-en Volltext |
| spellingShingle | Koutsogeorgopoulou, Vassiliki Fostering innovation in Iceland for the digital era Economics Iceland |
| title | Fostering innovation in Iceland for the digital era |
| title_auth | Fostering innovation in Iceland for the digital era |
| title_exact_search | Fostering innovation in Iceland for the digital era |
| title_full | Fostering innovation in Iceland for the digital era Vassiliki, Koutsogeorgopoulou and Eunha, Cho |
| title_fullStr | Fostering innovation in Iceland for the digital era Vassiliki, Koutsogeorgopoulou and Eunha, Cho |
| title_full_unstemmed | Fostering innovation in Iceland for the digital era Vassiliki, Koutsogeorgopoulou and Eunha, Cho |
| title_short | Fostering innovation in Iceland for the digital era |
| title_sort | fostering innovation in iceland for the digital era |
| topic | Economics Iceland |
| topic_facet | Economics Iceland |
| url | https://doi.org/10.1787/39c1b3d9-en |
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