Presentation on theme: "1 The Changing Dynamics of the Global Market for the Highly-skilled Andrew Wyckoff OECD Advancing Knowledge and the Knowledge Economy National Academies,"— Presentation transcript:
1 The Changing Dynamics of the Global Market for the Highly-skilled Andrew Wyckoff OECD Advancing Knowledge and the Knowledge Economy National Academies, Washington, D.C. 10 January 2005
3 OECD (2004), Learning for tomorrows world: First results from PISA 2003, Table 2.5c, p.356. PISA: Mean mathematics scores – overall (All) US mean score ranks in range 24 th to 28 th in 41 countries.
14 EU Lisbon & Barcelona Goals Barcelona 2002 [o]verall spending on R&D and innovation …should be increased with the aim of approaching 3% of GDP by 2010. Two-thirds of this new investment should come from the private sector. Lisbon 2000 The Union has today set itself a new strategic goal for the next decade: to become the most competitive and dynamic knowledge-based economy in the world capable of sustainable economic growth with more and better jobs and greater social cohesion.
15 Additional Researchers Required to meet EC Barcelona 3% R&D Target
16 Japanese Foreign Workers w Special and/or Technical Skills Source: METI, 2003
23 Note: Data are by priority year and are provisional. Source: OECD, Patent Database, July 2003 Patent applications to the SIPO, by residence of inventors
24 USPTO Patents by Chinese Inventors By Priority Date Source: OECD, Patent Database, December 2004
25 Policy Implications: an Initial Mapping 1. National Systems of Innovation (NSI) –Short-term: must compete in this global market –Long-term: need to increase indigenous supply –Increased global competition will make it will be more difficult for young researchers to be recognised, publish and get appointments at top-institutions (D.Hicks)
26 Policy Implications: an Initial Mapping 2. Macroeconomic Effects –Demand, Supply, then Price –Return flows will diffuse and create pressure to adopt push best practices (Saxenian ) –Need for more global coordination of economic policies and data (esp. MNEs & flows of highly skilled) to guide these policies.
27 Policy Implications: an Initial Mapping 3. Extending the Global K-Network –Need to reconfigure the global knowledge network, –Tap into the transnational technical communities –Pivotal role of the US –Coordinating role of the IOs.