POID | Programme on Innovation and Diffusion

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Seizing sustainable growth opportunities from carbon capture, usage and storage in the UK

Pia Andres, Ralf Martin, Penny Mealy, Esin Serin, Arjun Shah, and Anna Valero question how the UK can unlock export opportunities and wider benifits by placing carbon capture as a central factor on the road to net-zero.
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Picture of factory chimney. Published under CC0 Public Domain. Credit: Veeterzy, https://unsplash.com/photos/UwBrS-qRMHo/

Risk of Business Failure - POID Tracker

Peter Lambert, Apolline Marion and John Van Reenen find that the number of firms at risk of failing has fallen from that earlier in the pandemic, but that one million jobs are still at risk and advancements could be reversed by changes to policies or new Covid-19 variants.
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Picture of countdown timer. Published under CC0 Public Domain. https://pixabay.com/photos/hourglass-time-hours-clock-620397/

Image of illuminated globe in technology museum. Published under CC0 Public Domain. https://unsplash.com/photos/oWKN3h9CnPs

Innovation, growth and the transition to net-zero emissions

Nicholas Stern and Anna Valero highlight the importance of coordinated long-term policies and institutions to foster clean innovation in the private sector.
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Lecture - taken from Banque de France event - https://www.banque-france.fr/en/economics-creative-destruction

The Economics of Creative Destruction

POID Director John Van Reenen and Ufuk Akcigit (Chicago) are writing a book on "The Economics of Creative Destruction", to be published by Harvard University Press in 2022. This will be based on a 4-day conference in honour of POID member Philippe Aghion and his long-time collaborator Peter Howitt that marked the 30th anniversary of their paper "A Model of Growth through Creative Destruction". The conference featured several Nobel laureates including our own Christopher Pissarides.
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Managing for learning

Melissa Adelman and Renata Lemos examine how countries in Latin America and the Caribbean can make sustainable gains in student learning in the context of building human capital and growth.
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Picture of planet Earth by Elena Mozhvilo. Published under CC0 Public Domain. https://unsplash.com/photos/znhEe1cbbQE

European Association for Research in Industrial Economics (EARIE) 2021

POID Director John Van Reenen chaired and presented in a plenary panel discussion on "the Role of the State in the Post COVID Economy" at the 2021 Annual European Association of Research in Industrial Economics (EARIE) conference on August 28th in Bergen, Norway.

Speakers included Philippe Aghion, Wendy Carlin, Betsey Stevenson and Monika Schnitzer.

The presentations covered thinking of a new framework for economic policy, industrial policy, the "knife edged" nature of economic policies actually enacted, how economists could be more influential, the risks of an over-extended industrial policy, the complementarity between policies towards growth and equality and the need for a new Marshall Plan to help the world recover from Covid-19.
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