The world is currently undergoing a global slowdown in productivity, which translates into lower long-term economic growth and, in turn, lower wages and well-being. This is why actions to drive innovation, particularly in rural regions, are so important. The Organisation for Economic Co-operation and Development (OECD) has recently published a report, the first of a series to support and boost rural innovation.
This thematic report provides the latest analysis and research on rural innovation and proposes ways to overcome the growing gaps between rural and urban places.
It identifies recommendations to help unlock the innovation potential of rural regions, and alternative indicators to better capture and measure innovative practices that are already occurring in rural places.
The report also examines the characteristics of entrepreneurs and start-ups as a key component to promoting innovation in rural regions as well as the effects of innovation on several dimensions of rural well-being (employment, productivity, household income and inequality).
Read the full report here.
Published by Miranda García (AEIDL)