Policy Briefing

Pathways to efficiency, pathways to growth: Evidence from the UK Innovation Survey

ERC Policy Briefing

Associated Themes
  • Innovation
  • Productivity and performance

Previous studies have suggested there is little correlation between efficiency and growth at firm level. Here, using data from successive waves of the UK innovation Survey we consider two questions. First, do different types of innovation have different effects on efficiency and growth? Secondly, does the source of firms’ R&D finance matter?. Is there a difference between the innovation effects of publicly-supported and wholly-privately-funded R&D?