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Workshop on Productivity Bern 16-18 October 2006. Dominique Guellec Economic Analysis and Statistics Division Directorate for Science, Technology and Industry. Productivity Growth and Innovation in Switzerland: an International perspective. Productivity and Innovation in Switzerland.
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Workshop on ProductivityBern 16-18 October 2006 Dominique Guellec Economic Analysis and Statistics DivisionDirectorate for Science, Technology and Industry Productivity Growth and Innovation in Switzerland: an International perspective
Productivity and Innovation in Switzerland • This presentation will compare productivity patterns of Switzerland with other countries; it will analyse the determinants of productivity related to innovation, and in turn the economic and institutional conditions which influence innovation. • Structure of the presentation: • Productivity • Innovation • Framework conditions
Productivity and Innovation in Switzerland Major source of information for this presentation: The OECD Compendium of Productivity Indicators - 2006
Productivity and Innovation in Switzerland Graph 1.2. Income and productivity levels, 2005
Productivity and Innovation in Switzerland Conclusions (1) • Switzerland features very well in terms of GDP per capita. It is due to its high labour utilisation, while the productivity of labour is in the OECD average. • Productivity growth has been slow in Switzerland over the past decade.
Productivity and Innovation in Switzerland Conclusions (2) • Switzerland is strong in knowledge intensive industries (pharma, finance) and its has all factors needed to be innovative: High R&D expenditure, skilled labour force, strong university system, high internationalisation of R&D. • BUT: Switzerland is relatively weak in emerging technology fields, where entrepreneurship is the key factor.
Productivity and Innovation in Switzerland Policy recommendations =>Facilitate entrepreneurship in emerging technology fields • Reduce barriers to domestic competition • Improve efficiency of public support for R&D • Raise efficiency of bankruptcy procedures