Innovation, Productivity, [and Growth]

Speaker: 

Bronwyn Hall

Date: 

April 14, 2014

Event: 

Innovation for Growth and Shared Prosperity

Running Time:

32 minutes

 
 
 

SUMMARY

Innovation fosters productivity through several channels. Providing cutting-edge empirical evidence, Bronwyn Hall explains mechanisms connecting innovation and productivity. These include the entry of more efficient firms, the entry of firms on the technology frontier, the role of improvements within existing firms, as well as the exit of less efficient firms. Her presentation highlights key challenges to measuring innovation and translating the empirical findings into tangible policy advice. 

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