Thanks also to Haje Schutte, Head of the Financing for Sustainable Development Division, Development Co-operation Directorate, OECD, who supervised the publication of this paper. Special thanks also to Fernando Galindo-Rueda, Senior Economist, Working Party of National Experts on Science and Technology Indicators (NESTI) and the broader Science, Technology and Innovation (STI) Directorate, OECD for their useful comments to help improve this paper. The authors would also like to thank Stacey Bradbury and Sara Casadevall Belles for their support with publication. Investments in the search for new knowledge and the development of new technologies and innovations are central to any economy for greater utilisation of resources and to strengthen its competitiveness vis-a-vis other economies.