Innovation in the UK

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Growth Dynamics

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As European economies recover from the recession, they face significant challenges. Not least of them is the perennial productivity problem: European businesses are not as productive as those in the United States, and this gap has been widening since the mid-1990s.

This divergence deserves more analysis. In a unique project, 11 countries in Europe, North America and New Zealand worked together to produce a new database that measures how quickly businesses grow or shrink in each country, allowing a much better statistical overview of business dynamism to be developed.

Published
November 2010

Author
Albert Bravo Biosca

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