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Measuring innovation and productivity in a knowledge-based service economy

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  • Jonathan Haskel

    (Queen Mary, University of London)

Abstract

Provides a review of measurement conventions for the services sector and for investment in knowledge assets.This article provides a review of measurement conventions for the services sector and for investment in knowledge assets. It is widely argued that activity in modern-day economies is increasinglybecoming concentrated in the services sector and in the form of spending on knowledge, assets like design software, training and research and development (R&D).The article summarises recent work and concludes that productivity measurement in the services sector is not as unreliable as some have said but more needs to be done to incorporate knowledge assessment into measurement. Economic & Labour Market Review (2007) [1], 27–31; doi:10.1057/palgrave.elmr.1410105

Suggested Citation

  • Jonathan Haskel, 2007. "Measuring innovation and productivity in a knowledge-based service economy," Economic & Labour Market Review, Palgrave Macmillan;Office for National Statistics, vol. 1(7), pages 27-31, July.
  • Handle: RePEc:pal:ecolmr:v:1:y:2007:i:7:p:27-31
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    Cited by:

    1. Stoneman, Paul, 2011. "Soft Innovation: Economics, Product Aesthetics, and the Creative Industries," OUP Catalogue, Oxford University Press, number 9780199697021.
    2. Marcel Canoy & Peter Smith, 2008. "Services and the Single Market," Journal of Industry, Competition and Trade, Springer, vol. 8(3), pages 319-347, December.
    3. E. Carayannis & E. Grigoroudis, 2014. "Linking innovation, productivity, and competitiveness: implications for policy and practice," The Journal of Technology Transfer, Springer, vol. 39(2), pages 199-218, April.
    4. Iain Clacher, 2010. "National accounting for intangible assets in the knowledge economy," Journal of Financial Regulation and Compliance, Emerald Group Publishing Limited, vol. 18(2), pages 106-119, May.

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