R&D, innovation and productivity

Research output: Working paperOther research output

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 working papers
Number of pages27
Volume2019-016
Publication statusPublished - 2019

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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