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Education and Innovation

Author

Listed:
  • Barbara Biasi
  • David J. Deming
  • Petra Moser

Abstract

This chapter summarizes existing evidence on the link between education and innovation and presents open questions for future research. After a brief review of theoretical frameworks on the link between education, innovation, and economic growth, we explore three alternative policies to encourage innovation through education: expanding access to basic skills, improving the quality of education, and investing in universities. We also review the literature on the role of innovation for education. We conclude by outlining possible avenues for future research.

Suggested Citation

  • Barbara Biasi & David J. Deming & Petra Moser, 2021. "Education and Innovation," NBER Working Papers 28544, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:28544
    Note: ED
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    Cited by:

    1. Gill Wyness & Lindsey Macmillan & Jake Anders, 2021. "Does education raise people's productivity or does it just signal their existing ability?," CEPEO Briefing Note Series 12, UCL Centre for Education Policy and Equalising Opportunities, revised Apr 2021.
    2. Pernagallo, Giuseppe, 2024. "The student funding dilemma," The Journal of Economic Asymmetries, Elsevier, vol. 30(C).
    3. Barbara Biasi & Song Ma, 2022. "The Education-Innovation Gap," CESifo Working Paper Series 9653, CESifo.
    4. Xia Pan & Yuning Gao & Dong Guo & Wenyin Cheng, 2020. "Does Higher Education Promote Firm Innovation in China?," Sustainability, MDPI, vol. 12(18), pages 1-14, September.
    5. World Bank, 2024. "Investing in People and Enhancing Innovation and Growth through Education in Europe and Central Asia," World Bank Publications - Reports 41880, The World Bank Group.

    More about this item

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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