Attractiveness for Innovation
Subtitle: Location Factors for International Investment
By: Organisation for Economic Co-operation and Development
Publisher: OECD Publishing
Published: 2011
Place of publication: Paris
Language: eng
Format: [electronic resource]:
Number of pages: 100
ISBN-13: 9789264104815
Subjects: Governance; Science and Technology
Description: Attractiveness for investment in innovation is high on the policy agenda in many countries as innovation is a key factor of growth and competitiveness in OECD countries. Virtually all governments are keen to attract international investment by multinational enterprises (MNEs) as a means to promote growth and employment, create new jobs and bring in new technologies. While all countries and regions have some policy measures in place that are aimed at increasing their attractiveness for innovation, it is less clear if these policies are effective. This report analyses the current trends in international investment in innovation and the attractiveness policies already implemented. These are often based on the more traditional instruments for attracting international investment. The book also explores in more detail the role of investment incentives that governments tend to give to international investors: their rationale, their impact and their usefulness. The evidence presented in this report raises clear policy issues and questions existing policies. A number of policy principles are formulated to guide policy makers.
Table of contents: title: Foreword; title: Executive summary; title: International investment in innovation; title: Location factors for international investment in innovation; title: Attractiveness policies for investment in innovation; title: Policy principles for attracting international investment.