Workshop on Productivity Bern 16 18 October 2006
Workshop on Productivity Bern 16 -18 October 2006 Productivity Growth and Innovation in Switzerland: an International perspective l. Dominique Guellec l. Economic Analysis and Statistics Division Directorate for Science, Technology and Industry
Productivity and Innovation in Switzerland n 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. n Structure of the presentation: 1) Productivity 2) Innovation 3) Framework conditions 2
Productivity and Innovation in Switzerland Major source of information for this presentation: The OECD Compendium of Productivity Indicators 2006 3
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Productivity and Innovation in Switzerland Graph 1. 2. Income and productivity levels, 2005 5
1995 -2000 -2005 6
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Productivity and Innovation in Switzerland Conclusions (1) n 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. n Productivity growth has been slow in Switzerland over the past decade. 23
Productivity and Innovation in Switzerland Conclusions (2) n 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. n BUT: Switzerland is relatively weak in emerging technology fields, where entrepreneurship is the key factor. 24
Productivity and Innovation in Switzerland Policy recommendations => Facilitate entrepreneurship in emerging technology fields n Reduce barriers to domestic competition n Improve efficiency of public support for R&D n Raise efficiency of bankruptcy procedures 25
- Slides: 25