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The Knowledge-Sharing Platform

Fostering Innovation for Sustainable Growth

CREATED ON 16 Jun 2009

01DESCRIPTION

Historically, business R&D expenditure and patent filings have moved in parallel with GDP. The available evidence suggests that the crisis has already begun to affect innovation. The OECD is now urging governments to make investments with long term effects, to focus on research, development and innovation, and to stimulate private sector spending in these fields.

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