Innovation and Productivity Growth in the UK and Europe

EDT
Wednesday, October 15, 2014 - 8:45 AM to 1:00 PM

Event time is listed in local London time.

The Policy Network and The Information Technology & Innovation Foundation (ITIF) are holding a London conference on productivity and innovation-led growth. The conference is hosted and sponsored by Google. 

Europe faces two key challenges: low job growth and high unemployment on the one hand, and anaemic productivity on the other. Indeed, from the post-war period to the mid-1990s the EU was closing the productivity gap with the United States. Since 1995, that gap has widened steadily and shows no sign of narrowing. If Europe is going to catch back up it must consider the lessons from productivity growth in economies like the US: more ubiquitous adoption of information and communication technologies (ICTs) by all organisations (for profit, non-profit and government) through-out the European economy. 

Key themes to be addressed: 

1. Understanding the links between productivity, innovation and growth
Why is productivity critical to the UK and Europe’s economic future? What factors account for Europe’s relatively poor productivity performance especially compared to the United States? 

2. Tackling the disruption associated with digitalisation
Is there really a trade-off between high rates of productivity growth and robust job growth? What can policy do to make sure that workers benefit from ICT-led productivity growth? How can productivity growth improve living standards across the economy?

3. Towards a broader agenda for productivity?
Should Europe and the UK place a higher priority on growing productivity, particularly across-the-board productivity in all industries, rather than just in the ICT industry itself? What kinds of policy changes are needed?

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