Tag: oecd
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Israel’s innovation story is extraordinary, but just assuming it will continue would be a big mistake
Some statistics for you: Israel has a population of 8.5 million Israel spends 4.8% of its GDP on civilian R&D – the highest of any OECD country Israel is top ranked globally for employees working in R&D – 140 per 10,000 of the population (the US is second with 85 per 10,000) There is one…
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UK’s industrial strategy requires more university funding
The UK is running out of ideas. We are getting low on breakthroughs. Far fewer cries of “eureka” are being heard throughout the country. And, for the future of our economy, this is a real problem. The government’s White Paper on the industrial strategy is aimed at firing innovation in the fields of science, technology,…
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How Canada can lead the world in innovating innovation
It is no secret that Canada lags behind its innovation potential, leading firms to be less competitive and Canadians sending more of their money to innovators abroad. More of the same – increasing intellectual property rights, asking universities to lead the way, tax credits that go nowhere – will not work. We need to do…
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6 ways to make sure AI creates jobs for all and not the few
Whenever I talk to people about the potential impact of artificial intelligence (AI) and robotics, it’s clear there is a lot of anxiety surrounding these developments. And no wonder: these technologies already have a huge impact on the world of work, from AI-powered algorithms that recommend optimal routes to maximize Lyft and Uber…
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Price Controls Will Reduce Innovation and Health Outcomes
Abraham Kaplan famously noted that if you, “give a small boy a hammer, he will find that everything he encounters needs pounding.” Put differently, solving problems requires the right tool, not the convenient tool. Congress should remember this wisdom in its upcoming deliberations regarding the cost of prescription drugs. The convenient tool when it comes…
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Canada Has An Innovation Problem?
Canada is a vast country with ample resources, however political and economic machinery in this country are not open enough to create true and genuine marketplace for disruptive ideas. Cultural, artistic and intellectual innovation form the foundation of innovative economies. No nation can stay competitive and economically advanced while stagnating culturally and intellectually. Innovation requires…