Chau Minh Chu

Leeds University Business School

The impact of innovation in productivity – A critical review

PGR Placement

 

Innovation has been considered to be a main driver of increased productivity for firms and greatly contributes to regional and national economic growth. The West Yorkshire Combined Authority (WYCA)/Leeds City Region Enterprise Partnership (LEP), which is a collaboration between West Yorkshire authorities, businesses, and partners, has highlighted innovation as one of its key priorities in stimulating regional potential productivity and competitive advantages. The organisation plans to deliver a strategic innovation plan.

This project will be undertaken in collaboration with WYCA and will provide a critical review on identification of innovative and productive firms at both a regional and national level, followed by a quantitative analysis of outcomes and key determinants of these firms. The project will provide challenging aspects of the region as well as some considerations and information for the future strategic innovation plan to be build on.