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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2021
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| Schriftenreihe: | OECD Economics Department Working Papers
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| 520 | |a 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 | ||
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| illustrated | Not Illustrated |
| indexdate | 2025-01-03T09:01:45Z |
| institution | BVB |
| language | English |
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| physical | 1 Online-Ressource (46 Seiten) 21 x 28cm |
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| publishDate | 2021 |
| publishDateSearch | 2021 |
| publishDateSort | 2021 |
| publisher | OECD Publishing |
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| series2 | OECD Economics Department Working Papers |
| 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 |
| work_keys_str_mv | AT koutsogeorgopoulouvassiliki fosteringinnovationinicelandforthedigitalera AT choeunha fosteringinnovationinicelandforthedigitalera |