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Productivity and Innovation
The programme director is Professor John Van Reenen.Room R460, Tel: +44 (0)20 7955 7049 (Linda Cleavely, Admin. Secretary) , Email: j.vanreenen@lse.ac.uk
Innovation and productivity are at the centre of economic wellbeing, but Britain and Europe are seen to be lagging behind the United States. The programme addresses three major questions. Why is UK productivity (output per hour worked) still so far below that in the US, France and Germany? What are the reasons for wide variations in firm productivity even within narrowly defined sectors? And why has productivity growth in the US has been so much more impressive over recent years than in the UK and European economies?
We discuss some issues in US innovation policy by examining the impact of the proposed doubling of the NSF budget: What if Congress Doubled R&D Spending on the Physical Sciences?
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