Unlocking Greater Private Sector Investment in Innovation: A Policy Dialogue

On 15 April in the margins of the OECD Committee on Scientific and Technological Policy, we held a dedicated Business at OECD session on “Unlocking Greater Private Sector Investment in Innovation” to present our new report on the topic. The session was opened by the OECD Committee on Scientific and Technological Policy’s Chair Christian Naczinsky, and our Innovation and Technology Committee Chair and BDI’s Carsten Wehmeyer. In its presentation, Carsten Wehmeyer outlined that our report explores the structural and policy-related barriers that hinder long-term private investment in innovation, and mentioned several key areas where the OECD has a role to play in fostering collective policy action, especially to increase predictability and coherence, support investments in primary and secondary markets, and foster longer investment time horizons.

The OECD Committee on Scientific and Technological Policy's Chair Dr. Christian Naczinsky opened the discussion.

Baillie Gifford's Stuart Dunbar delivered a keynote presentation to outline how the private sector can advance favourable investment environments for innovation.

The OECD's Head of Financial Economics joined the panel.

Our Innovation and Technology Committee Vice-Chair and Intesa Sanpaolo's Senior Policy Advisor Luigi Ruggerone also joined the session.

The Department for Science, Innovation, and Technology of the United Kingdom's Deputy Director for Technology Strategy and Security Isabel Webb also participated in the discussions.

Carsten Wehmeyer also moderated a panel discussion with representatives from Baillie Gifford, the Department of Science, Innovation, and Technology of the United Kingdom, Intesa Sanpaolo, and the OECD to discuss our recommendations. We look forward to continued cooperation with the OECD and policymakers to advance favourable investment environments for innovation.