OECD S&T Outlook Report Highlights

  • 2012 R&D spending surpassed USD 1.1 trillion in OECD countries and stood at USD 330 billion in the BRIICS (Brazil, Russia, India, Indonesia, China and South Africa).
  • Korea became the world’s most R&D intensive country in 2012, spending 4.36% of GDP on R&D, overtaking Israel (3.93%) and versus an OECD average of 2.40%.
  • The BRIICS produced around 12% of the top-quality scientific publications in 2013, almost twice its share of a decade ago and compared to 28% in the United States.
  • China and Korea are now the main destinations of scientific authors from the United States and experienced a net “brain gain” over 1996-2011.
  • European countries are diverging in R&D as some move closer to their R&D/GDP targets (Denmark, Germany) and others (Portugal, Spain) fall further behind.
  • In most countries, 10% to 20% of business R&D is funded with public money, using various investment instrumentsand government targets.

Click the image to access the report.

OECD 2014 Outlook - 9214011e_Page_001

Why Your Best Ideas Don’t Fly

“You have great ideas. Every leader and manager does. But the idea is not enough”. This LinkedIn post by James G. Bohn outlines five actions that are critical if you want your idea to become reality. Confirmming the why, who, how, what of the process of change!

  • Managerial Accountability – Why we have to do this?
  • Organizational Context – What’s the impact?
  • Measurement – How do we measure success/learnings?
  • Training – Who needs to learn about this?
  • Support – How to help process?

“Pushing an idea through an organisation is much harder than having the idea in the first place.” Unknown

Why Innovation Fails – a LinkedIn Group Survey

Although the study is limited (survey results represent particular points of view from members who belong to the following LinkedIn user groups: Strategy Management Forum, Strategy Consulting Network, and Front End of Innovation) I found the findings mighty interesting. Here’s the concluding reasons (summarizing the 50 reasons cited as to why innovation fails):

CULTURE: Resistance toward Change

FRAMEWORK: Ineffective or Absent Framework to Innovate

CUSTOMER: Bad Ideas / Customer Disconnect

LEADERSHIP: Absent / Ineffective / Unaligned

BUSINESS CASE: Faulty Assumptions

FEAR: Risk Adversity / Reluctance

VISION: Fixation on Short Term

RESOURCES: Inadequate

Reaffirming an Untapped Source of Competitive Advantage – WOMEN

A recent study by the University of Puerto Rico at Mayagüez (UPRM), where females are performing as well as males and better than males in some math and science subjects, is worth reading by those who are looking for ways to tap women into SMET fields. “When gender perceptions and negative stereotypes towards women in mathematics and science are non-existent, the gender gap in performance seems to disappear. That’s the lesson to be learned from not just Finland, but also Puerto Rico where females are performing as well as males and better than males in some math and science subjects.” -Héctor Rosario, Math Professor at UPRM.

The Rosario-McGee study reaffirms one we did in 1998 in collaboration with University of Texas at El Paso trying to find why there are so many women in engineering at UPRM. In this all women women in engineering study-edited, we found that 40% of the women surveyed decided very early to go to college (in elementary or middle school), and 67% decided on engineering during their high school years. What encouraged them? Two basic reasons wre found, namely, becoming aware of engineering early on and the existence of role models.

  • 55% of students had been involved in a non-traditional high school (HS) program
  • 27% of all students had been involved in career day activities in HS
  • 23% of the women had a family member that was an engineer
  • 12% had a female friend who was an engineer

Women ARE indeed an untapped resource for competitive advantage. We bring half of the Earth’s perspectives on the world’s challenges and opportunities as well as our talent to solve problems!

WiE slide