Speech

Universities, innovation and economic growth, presentation at the Conference on Universities, Innovation and Economic Growth, Federal Reserve Bank of Cleveland, November 17, 2006


Abstract: Economists at our Bank have concluded that differences in state income levels over the past 75 years can be explained mostly by two factors: innovation and education. In simple terms, those states that enhance their knowledge base are the ones that are likely to prosper in the future.

Keywords: Income; Economic development; Education - Economic aspects;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Speech

Publication Date: 2006

Number: 8