Upgrading Japan's Innovation System to Sustain Economic Growth

Increasing productivity growth through innovation is a key to raising living standards. Although R&D intensity in Japan is the third highest in the OECD area, the benefits do not appear to have been commensurate with the level of investment. The innovation system, which developed during the catc...

Full description

Bibliographic Details
Main Author: Jones, Randall S.
Other Authors: Yokoyama, Tadashi
Format: eBook
Language:English
Published: Paris OECD Publishing 2006
Series:OECD Economics Department Working Papers
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
LEADER 02251nma a2200277 u 4500
001 EB001833935
003 EBX01000000000000001000381
005 00000000000000.0
007 cr|||||||||||||||||||||
008 180616 ||| eng
100 1 |a Jones, Randall S. 
245 0 0 |a Upgrading Japan's Innovation System to Sustain Economic Growth  |h Elektronische Ressource  |c Randall S., Jones and Tadashi, Yokoyama 
246 2 1 |a Améliorer le système d'innovation pour assurer une croissance économique durable / Randall S., Jones et Tadashi, Yokoyama 
246 3 1 |a Améliorer le système d'innovation pour assurer une croissance économique durable 
260 |a Paris  |b OECD Publishing  |c 2006 
300 |a 48 p.  |c 21 x 29.7cm 
653 |a Japan 
653 |a Economics 
700 1 |a Yokoyama, Tadashi 
041 0 7 |a eng  |2 ISO 639-2 
989 |b OECD  |a OECD Books and Papers 
490 0 |a OECD Economics Department Working Papers 
028 5 0 |a 10.1787/365562216004 
856 4 0 |a oecd-ilibrary.org  |u https://doi.org/10.1787/365562216004  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a Increasing productivity growth through innovation is a key to raising living standards. Although R&D intensity in Japan is the third highest in the OECD area, the benefits do not appear to have been commensurate with the level of investment. The innovation system, which developed during the catchingup process, is largely input-driven and focused on incremental innovation based on closed and stable corporate and employment systems. However, this approach is less appropriate in the current global environment that favours risk-taking and a more open system relying on external linkages. To improve the innovation system, a broad-based strategy is needed, including a reform of framework conditions in the product and labour markets to strengthen competition and mobility, enhance international R&D links and improve the environment for venture business. Education and public research should be upgraded through stronger competition. The effectiveness of science and technology policy should be increased by strengthening its link to economic framework policies. This Working Paper relates to the 2006 OECD Economic Survey of Japan (www.oecd.org/eco/surveys/japan)