A striking feature of economic geography is the large variation in productivity across regions. Moretti (2011) documents that after adjusting for skill composition, average wages in the highest and lowest paying US metropolitan areas differ by approximately a factor of three. Such dispersion is also evident when one compares innovation outcomes across regions.
Why some regions are more innovative than others
Ajay K. Agrawal, Iain M. Cockburn, Alberto Galasso, Alexander Oettl, 23 December 2013
Does education lead to more innovation?
Otto Toivanen, Lotta Väänänen, 21 July 2013
There is a broad, research-based consensus amongst academic researchers, policymakers and pundits that the key to economic growth lies in improving productivity. There is also wide agreement that productivity increases come through innovation. As Charles Jones argues: “[t]he more inventors we have, the more ideas we discover, and the richer we all are” (2005).
The global race for inventors
Carsten Fink, Ernest Miguelez, Julio Raffo, 17 July 2013
Many countries are currently debating and reforming their immigration policies. One prominent question in these discussions is how to attract skilled workers that can ease domestic skills shortages and foster innovation and entrepreneurship.
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