UNU-MERIT Working Papers Series
R&D, innovation and productivity
Pierre Mohnen #2019-016This 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.
Keywords: innovation, productivity, indicators
JEL Classification: D24, O3
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