Applying a new methodology to measure investment in R&D and science and technology activities: The case of Colombia

Alexander Cotte Poveda, Clara Ines Pardo Martinez, Jorge Andrade Parra

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Research and development (R&D), especially in industry and technology, is a crucial component of innovation, productivity and effectiveness, as well as the generation of new competitive advantages that are reflected in the whole economy of a country. In this context and with the aim of improving the measurement of R&D, the Organization for Economic Cooperation and Development updated the Frascati Manual in 2015 to provide the main, globally applicable guidelines for national statistical offices and policy-makers to analyze trends and allow for international comparisons of science, technology and innovation. In developing countries, it is particularly important to determine different strategies to guarantee adequate R&D to inform the creation of policies and instruments to effectively promote knowledge and generate technological solutions to local problems.
Original languageEnglish
Title of host publicationAnalysis of Science, Technology, and Innovation in Emerging Economies
PublisherSpringer
ISBN (Electronic)978-3-030-13578-2
ISBN (Print)978-3-030-13577-5
DOIs
StatePublished - 2019

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