years of relatively rapid productivity growth between 1890 and 1972. Once the spin-off inventions from IR #2 (airplanes, air … conditioning, interstate highways) had run their course, productivity growth during 1972-96 was much slower than before. In … temperature. Even if innovation were to continue into the future at the rate of the two decades before 2007, the U.S. faces six …

volatility is the variation in Revenue Total Factor Productivity which is not explained by either industry- or economy …

untested implication of many theories rationalizing the growth of within-group inequality is that firm-level productivity … manufacturing and non-manufacturing sectors since the early 1980s. We find evidence that productivity inequality has increased … between firms (and within industries). Increased productivity dispersion appears to be linked with new technologies as …

patents account for a rising share of total patents in the USPTO and EPO. Moreover, some scholars of innovation and …

that the total current period (static) welfare gains of introducing a process or a product innovation are, on average …

outcome. The totality of possible outcomes drives the national innovation system and the returns to a particular successful … required to motivate investment attempting to turn them into an innovation. The alternative to a valuable proprietary … innovation is not the same innovation freely available but the unchanged generic technology. Growth is concentrated in any …

population. Future growth will be 1.3 percent per annum for labor productivity in the total economy, 0.9 percent for output per … decades. There is no need to forecast any slowdown in the pace of future innovation for this gloomy forecast to come true …, because that slowdown already occurred four decades ago. In the eight decades before 1972 labor productivity grew at an …