Innovation and economic well-being
Abstract
Innovation is typically seen as a result of research and development, and as causing economic growth in the sense of an increase in productivity and per capita income. The authors argue that economic well-being also has other dimensions, and try to quantify this using a database with many different indicators of well-being. They relate these indicators of well-being to innovation, and find that differences in well-being in the European Union are related to differences in innovation.
Fields of Study & Subjects
Economic Growth and Productivity
Quality of Life Measurement
Economic and Technological Innovation
Publication details
- Journal / source
- Edward Elgar Publishing eBooks
- Pages
- 62–78
- Publication date
- 10 February 2026
- Language
- EN
- Document type
- Book chapter