OECD

China needs a better return on its fast-rising investments in R&D and higher education if it is to become an “innovation-oriented” economy by 2020, OECD.

A new report from the OECD makes uncomfortable reading for anyone in Switzerland involved in educational R&D.

Chinese officials warn that people may be overestimating how much the country spends on R&D.

The OECD's "Science, Technology and Industry Outlook" for 2006 predicts that China will become world’s second highest investor in R&D by the end of the year. Europe, meanwhile, gets left behind in its "R&D intensity".

Everyone wants to encourage innovation. But, says Alain de Serres from the OECD, a survey of the world’s leading industrial countries shows they are going about it in different ways and with very different results.