R&D, innovation and productivity

Pierre Mohnen


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.

Keywords: innovation, productivity, indicators

JEL Classification: D24, O3

Download the working paper