problems in the innovation process, and highlight the positive role played by international trade in the technology transfer …

same five Axes of Innovation commonly characterize the first three Revolutions in modern history, and how these Axes are … Industrial Revolution, each Axis of Innovation manifests as a unique Innovation Pattern that remains durable throughout that … Revolution. Innovation Patterns are the fundamental driving forces behind Revolutions, and the interactions between them strongly …

Productivity growth has slowed across most OECD economies since the mid-2000s. While important aspects of New Zealand …’s economic performance have improved over this period, productivity growth is still comparatively low. This continues a long …-run trend of poor productivity in New Zealand, which is the key reason why average incomes are still below the OECD average …

robust advancements in labor productivity. Next, the primary drivers of labor productivity growth and convergence across many … economies were driven by total factor productivity, labor quality, and digital transformation. Lastly, digital transformation … not only directly contributed to the augmentation of labor productivity, as quantified through growth accounting …

export data …

knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …