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A financial crisis in the 1990s devastated innovation programs, but the government responded by creating sectoral funds that were collected from specific activities such as extraction of natural resources and designated for programs to promote innovation.

These funds grew rapidly during Brazil’s economic recovery and continue to fuel what has become a large and diverse research and innovation program.

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Ireland shares some experiences with Singapore and Brazil.Roughly the same size as Singapore and similarly lacking in natural resources, Ireland emphasized education as a key ingredient to success and used the quality of its workforce as a magnet for foreign direct investment.It quickly moved up the ladder from simple manufacturing to more sophisticated products to a wide variety of business and financial services.The Obama administration is pursuing a strategy that aims to avoid the extremes of laissez-faire government detachment and heavy-handed federal interference. innovation system into a higher gear, it will also have to create the institutional structure that will be necessary to update policies and provide continuity. President Obama has expressed his desire to see the United States reclaim its position as the world leader in educating its entire population, but the data indicate that the country has been barely treading water while a number of countries have made stunning progress in just the past decade.It seeks to use education, research, infrastructure investment, and regulation to create a market environment in which new products and services can emerge quickly and reach consumers at a competitive cost. The data presented by Andreas Schleicher in the “Real Numbers” feature in this issue should capture the attention of U. Lip service to the importance of quality education is plentiful in the United States, but effective action to improve schooling is much more common in many countries in Europe and Asia.

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