New Ideas and Growth: Some Policy Implications

Tech factory

Technology diffusion is central to the process of continuous innovation based productivity gains. Technology adoption requires an affirmative response to a number of questions.

Is the potential user ‘aware’ of the technology? Does he/she have the ‘opportunity’ and the ‘capacity’ to acquire it? Does he/she perceive sufficient value from adoption?

These questions suggest a number of potential policy levers explored in this NERI inBrief.

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