This chapter summarizes existing evidence on the link between education and innovation and presents open questions for future research. After a brief review of theoretical frameworks on the link between education, innovation, and economic growth, we explore three alternative policies to encourage innovation through education: expanding access to basic skills, improving the quality of education, and investing in universities. We also review the literature on the role of innovation for education. We conclude by outlining possible avenues for future research.
Biasi, Barbara, David J. Deming, and Petra Moser. "Education and Innovation." NBER Working Paper Series, March 2021.