The Role of Innovation and Entrepreneurship in Economic Growth
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 Deming, and Petra Moser. "Education and Innovation." The Role of Innovation and Entrepreneurship in Economic Growth. Ed. Michael J. Andrews, Aaron Chatterji, Josh Lerner, and Scott Stern. University of Chicago Press, 2022, 537-558.