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.
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.