OECD Reviews of Innovation Policy: Germany 2022
Building Agility for Successful Transitions
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The COVID-19 pandemic and the Ukraine war have revealed vulnerabilities in Germany’s economic model: undiversified energy supply, an over-reliance on fossil fuels, delayed digitalisation and disruptable supply chains. Digital technologies may significantly disrupt manufacturing industries Germany has dominated for decades, threatening future competitiveness. The green transition also requires significant industrial transformations. Germany can call upon one of the world’s most advanced innovation systems in dealing with these challenges, but a new more agile and experimental approach to STI policy is needed. This Review outlines how to develop such an approach and what STI policies need to focus on: create markets for future innovations, more significant and more risk-tolerant finance for innovation, inter-disciplinary knowledge exchange, improved data infrastructure and capabilities. Given the internationally shared challenges of dealing with transitions, the insights presented in the review will be of interest to policymakers, stakeholders and analysts from Germany and across the OECD.
Also available in: German
Overall assessment and recommendations
The Overall Assessment and Recommendations (OAR) of the Review of Innovation Policy of Germany shows that while Germany has one of the most powerful science, technology and innovation (STI) systems in the world, the country faces a number of innovation-related challenges for competitiveness and sustainability in the years ahead. The OAR introduces recommendations that respond to these challenges in two important ways. The first is to improve the fundamentals of the STI system and the STI policy that supports it, ensuring that it is more efficient, effective and inclusive. The second is to ensure that STI policy prepares for the challenges of tomorrow, with an emphasis on new capabilities, approaches to policy, and governance.
Also available in: German
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