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

Sandra Pianalto

No 8, Speech from Federal Reserve Bank of Cleveland

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: Economic development; Income; Education - Economic aspects (search for similar items in EconPapers)
Date: 2006
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