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flag Three economists win 2025 Nobel Prize for research on innovation-driven growth and its policy foundations.

flag The 2025 Nobel Memorial Prize in Economic Sciences was awarded to three economists for their research on innovation-driven economic growth. flag Their work explains how new technologies and business models fuel long-term prosperity despite disrupting existing industries and jobs. flag They emphasize that innovation is shaped by competition, R&D investment, and supportive policies like education, social safety nets, and intellectual property rights. flag The prize highlights the importance of fostering an environment that encourages creativity and adapts to change, especially in addressing global challenges like inequality, climate change, and public health.

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