Innovation and economic well-being

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Authors: Luc L. G. Soete, Bart Verspagen
Cited by: 0

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