R&D, innovation and productivity

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Abstract

This chapter reviews various technological indicators from innovation inputs to innovation outputs, pointing out their strengths and weaknesses and the consequent caution that is in order when using these data for economic analysis. It briefly explains the theoretical link between innovation and productivity growth and then compares the estimated magnitudes of that relationship using the different innovation indicators.
Original languageEnglish
PublisherUNU-MERIT
Number of pages27
Publication statusPublished - 2019

Publication series

SeriesUNU-MERIT Working Papers
Number016
ISSN1871-9872

JEL classifications

  • d24 - "Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity"
  • o30 - "Technological Change; Research and Development; Intellectual Property Rights: General"

Keywords

  • innovation
  • productivity
  • indicators

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