Education and Innovation

18 Pages Posted: 15 Mar 2021 Last revised: 30 Dec 2021

See all articles by Barbara Biasi

Barbara Biasi

Yale School of Management; National Bureau of Economic Research (NBER)

David Deming

Academic Dean, Harvard University - Harvard Kennedy School (HKS)

Petra Moser

NYU Stern Department of Economics; National Bureau of Economic Research (NBER)

Date Written: March 2021

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.

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Suggested Citation

Biasi, Barbara and Deming, David and Moser, Petra, Education and Innovation (March 2021). NBER Working Paper No. w28544, Available at SSRN: https://ssrn.com/abstract=3804538

Barbara Biasi (Contact Author)

Yale School of Management ( email )

135 Prospect Street
P.O. Box 208200
New Haven, CT 06520-8200
United States

National Bureau of Economic Research (NBER)

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David Deming

Academic Dean, Harvard University - Harvard Kennedy School (HKS) ( email )

79 John F. Kennedy Street
Cambridge, MA 02138
United States

Petra Moser

NYU Stern Department of Economics ( email )

44 West 4th Street
New York, NY 10003
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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