Closing the US-EU productivity gap: Knowledge assets, absorptive capacity, and institutional reforms

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Venturini, F., Saraidaris, A., Vecchi, M. and Rincon, A. 2014. Closing the US-EU productivity gap: Knowledge assets, absorptive capacity, and institutional reforms. The Centre for Economic Policy Research (CEPR).
TypeBlog
TitleClosing the US-EU productivity gap: Knowledge assets, absorptive capacity, and institutional reforms
AuthorsVenturini, F., Saraidaris, A., Vecchi, M. and Rincon, A.
Abstract

The importance of innovation activities for productivity growth has long been recognised. However, there are significant differences in the level of intangible investments across developed economies. This column describes how the EU can enhance its productivity growth and close the gap with the US. One such main channel is through investing in intangible assets and absorptive capacity. A second one is increasing production efficiency. Relevant policy recommendations are also discussed.

Publication or CollectionVoxEU
PublisherThe Centre for Economic Policy Research (CEPR)
Publication dates
Print24 Apr 2014
Publication process dates
Deposited14 May 2015
Output statusPublished
Copyright Statement

Access to full text restricted pending copyright check.

Web address (URL)https://cepr.org/voxeu/columns/closing-us-eu-productivity-gap-knowledge-assets-absorptive-capacity-and-institutional
LanguageEnglish
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https://repository.mdx.ac.uk/item/85528

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