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EurActive reports on a recently released OECD report that ties innovation policy with economic and social gowth and well-being:

Using a common framework based on the National Innovation Systems approach this report highlights countries’ strengths and weaknesses in innovation, as well as the effectiveness of their innovation policies in driving economic performance. Taken together, the country studies constitute a rich evidence base which will be of considerable interest to innovation policy makers in all OECD countries. They indicate that countries share a need to adapt – or even profoundly change – their innovation policies in order to deal with opportunities and threats posed by new technological and economic developments.

Read the EurActive article.

Link to the OECD report. [purchase]

New Scientist’s Robert Adler writes:

“…we are fast approaching a new dark age. That, at least, is the conclusion of Jonathan Huebner, a physicist working at the Pentagon’s Naval Air Warfare Center in China Lake, California. He says the rate of technological innovation reached a peak a century ago and has been declining ever since. And like the lookout on the Titanic who spotted the fateful iceberg, Huebner sees the end of innovation looming dead ahead. His study will be published in Technological Forecasting and Social Change.

…
“Huebner draws some stark lessons from his analysis. The global rate of innovation today, which is running at seven “important technological developments” per billion people per year, matches the rate in 1600. Despite far higher standards of education and massive R&D funding “it is more difficult now for people to develop new technology”, Huebner says.

Read the full article.