Innovation fuels economic growth by generating new businesses and jobs, but today's innovators mostly come from a narrow demographic, resulting in many “lost Einsteins” and “lost Marie Curies.” In this podcast, economist Xavier Jaravel explores the cost of untapped talent, estimating that achieving parity among innovators could raise global productivity growth from a baseline of 2% to as much as 3.4% per year.
Blog » Democratizing Innovation to Spur Growth (2025)
Democratizing Innovation to Spur Growth (2025)
Innovation fuels economic growth by generating new businesses and jobs, but today's innovators mostly come from a narrow demographic, resulting in many “lost Einsteins” and “lost Marie Curies.” In this podcast, economist Xavier Jaravel explores the cost of untapped talent, estimating that achieving parity among innovators could raise global productivity growth from a baseline of 2% to as much as 3.4% per year.