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10 April 2014 11:44 am ,
Vol. 344 ,
The Pyrenean ibex, an impressive mountain goat that lived in the central Pyrenees in Spain, went extinct in 2000. But a...
Tight budgets are forcing NASA to consider turning off one or more planetary science projects that have completed their...
Ebola is not a stranger to West Africa—an outbreak in the 1990s killed chimpanzees and sickened one researcher. But the...
In an as-yet-unpublished report, an international panel of geoscientists has concluded that a pair of deadly...
Tropical disease experts tried and failed before to eradicate yaws, a rare disfiguring disease of poor countries. Now,...
Since 2002, researchers have reported that agricultural communities in the hot and humid Pacific Coast of Central...
Balkan endemic kidney disease surfaced in the 1950s and for decades defied attempts to finger the cause. It occurred...
- 10 April 2014 11:44 am , Vol. 344 , #6180
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Global Innovation and the Recession: A New Analysis
15 December 2009 3:20 pm
Spending on innovation among the richest nations took a nosedive early last year and began a slow recovery in 2009—shown in sharp relief by data in a report issued today by the Organisation for Economic Co-operation and Development (OECD). Published every second year, the OECD Science, Technology, and Industry Scoreboard pulls together international data on the leading economies and looks for patterns across the globe. The 2009 edition highlights a few key trends in the last few years (although many data tables stop in 2006). A look at total U.S. venture capital investment, for example, reveals a decline that began in the first quarter of 2008, even before the credit meltdown, leading to a 60% drop a year later. The line now appears to be on the rise.
One of the hottest innovative sectors before the crash—information and communication technology—seems to be bouncing back. Green technology also continues to grow, as reflected in patent applications. Many elements of the report underline global links in R&D and the growth of cross-border research projects in business.