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PPA
- May 28, 2019
- 1 min
Technological Innovation and Productivity in Service Delivery
Information technology (IT) can improve productivity by simultaneously affecting operational efficiency for a given worker and the coordination of different workers. Relative to the rest of the service sector, the health care industry has lagged behind in IT adoption and productivity growth. Rezwan Haque from the Harvard University studies in his paper how the rapid diffusion of IT has affected productivity in the health care sector. The main part of this paper is an empir
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PPA
- May 28, 2019
- 1 min
Young, Restless and Creative - Innovation
There are currently more than half a million patents granted by the US Patent and Trademark Office (USPTO) per year, only a handful make a fundamental contribution to society's knowledge, and only a small fraction account for the bulk of the value created. The economists Acemoglu, Akcigit and Celik investigate the relationship between openness to disruption and creative innovations, that is the innovations that break new ground in terms of knowledge creation. First, they are
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