{"id":14396,"date":"2025-10-27T14:32:22","date_gmt":"2025-10-27T13:32:22","guid":{"rendered":"https:\/\/ntpark.me\/uncategorized\/nobelova-nagrada-za-ekonomiju-2025-inovacije-kao-pokretac-ekonomskog-rasta\/"},"modified":"2025-10-28T11:06:05","modified_gmt":"2025-10-28T10:06:05","slug":"nobelova-nagrada-za-ekonomiju-2025-inovacije-kao-pokretac-ekonomskog-rasta","status":"publish","type":"post","link":"https:\/\/ntpark.me\/en\/news\/nobelova-nagrada-za-ekonomiju-2025-inovacije-kao-pokretac-ekonomskog-rasta\/","title":{"rendered":"The 2025 Nobel Prize in Economics: Innovation as a Driver of Economic Growth"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">This year\u2019s <strong>Nobel Prize in Economics<\/strong> scientifically confirms what modern economies have been demonstrating for decades \u2013 that <strong>innovation is a prerequisite for sustainable economic growt<\/strong>h.<\/p>\n\n<p class=\"wp-block-paragraph\">The 2025 laureates \u2013 <strong>Joel Mokyr, Philippe Aghion, and Peter Howitt<\/strong> \u2013 were awarded for their groundbreaking research explaining how innovations drive growth and replace outdated technologies, in a process known as \u201c<strong>creative destruction.\u201d<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">The three laureates come from different schools of economic thought, but they share a common goal \u2013 <strong>understanding how technological progress transforms societies and economies.<\/strong><\/p>\n\n<ul class=\"wp-block-list\">\n<li><strong>Joel Mokyr (79)<\/strong>, of Dutch origin, a professor at <strong>Northwestern University,<\/strong> is renowned for his research on industrial revolutions and long-term trends in economic development.<\/li>\n\n\n\n<li><strong>Philippe Aghion (69)<\/strong>, a professor at the <strong>Coll\u00e8ge de France<\/strong> and the <strong>London School of Economics<\/strong>, uses mathematical models to explain the mechanisms of innovation and their impact on growth.<\/li>\n\n\n\n<li><strong>Peter Howitt (79)<\/strong>, a professor at <strong>Brown University<\/strong>, together with Aghion, <strong>developed the renowned 1992<\/strong> model of creative destruction, which has become a cornerstone of modern growth theory.<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">The concept of \u201ccreative destruction,\u201d originating from Austrian economist <strong>Joseph Schumpeter<\/strong>, describes the continuous process in which <strong>new technologies replace old ones,<\/strong> bringing progress but also changes to existing industries.<\/p>\n\n<p class=\"wp-block-paragraph\">The Nobel Committee highlighted that this year\u2019s laureates \u201chave <strong>explained and quantified how this process works and why it is crucial for long-term economic growth.\u201d<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">The Committee\u2019s Chair, <strong>John Hassler,<\/strong> stated:<\/p>\n\n<p class=\"wp-block-paragraph\">\u201cTheir work shows that growth cannot be taken for granted. We must maintain the mechanisms that enable creative destruction in order to avoid stagnation.\u201d<\/p>\n\n<p class=\"wp-block-paragraph\"><strong>The prize, worth 11 million Swedish kronor (about 1.2 million euros),<\/strong> will be distributed with half going to Mokyr, and the other half shared between Aghion and Howitt.<\/p>\n\n<p class=\"wp-block-paragraph\">This is the <strong>Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel,<\/strong> established in 1968 by the <strong>Swedish central bank<\/strong> in honor of Alfred Nobel.<\/p>\n\n<p class=\"wp-block-paragraph\">The official award ceremony will take place on <strong>December 10 in Stockholm,<\/strong> on the anniversary of Nobel\u2019s death in 1896.<\/p>\n\n<p class=\"wp-block-paragraph\">This year\u2019s laureates\u2019 research reminds us that <strong>economic growth does not arise by chance,<\/strong> but from <strong>continuous investment in knowledge, research, and innovation.<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">Without the willingness to let the old give way to the new \u2013 there is no progress.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This year\u2019s Nobel Prize in Economics scientifically confirms what modern economies have been demonstrating for decades \u2013 that innovation is a prerequisite for sustainable economic growth. The 2025 laureates \u2013 Joel Mokyr, Philippe Aghion, and Peter Howitt \u2013 were awarded for their groundbreaking research explaining how innovations drive growth and replace outdated technologies, in a [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":14391,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[49],"tags":[],"class_list":["post-14396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"This year\u2019s Nobel Prize in Economics scientifically confirms what modern economies have been demonstrating for decades \u2013 that innovation is a prerequisite for sustainable economic growth. 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The 2025 laureates \u2013 Joel Mokyr, Philippe Aghion, and Peter Howitt \u2013 were awarded for their groundbreaking research explaining how innovations drive growth and replace outdated technologies, in a","twitter:creator":"@stpmne","twitter:image":"https:\/\/ntpark.me\/wp-content\/uploads\/2025\/10\/nobel-ekonomija1-reuters-1000x667-1.jpg"},"aioseo_meta_data":{"post_id":"14396","title":null,"description":null,"keywords":null,"keyphrases":{"focus":{"keyphrase":"","score":0,"analysis":{"keyphraseInTitle":{"score":0,"maxScore":9,"error":1}}},"additional":[]},"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"BlogPosting","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","priority":null,"frequency":"default","local_seo":null,"limit_modified_date":false,"created":"2025-10-28 10:03:25","updated":"2026-06-29 18:57:03","ai":null,"breadcrumb_settings":null,"seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/ntpark.me\/en\/\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/ntpark.me\/en\/category\/news\/\" title=\"News\">News<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tThe 2025 Nobel Prize in Economics: Innovation as a Driver of Economic Growth\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/ntpark.me\/en\/"},{"label":"News","link":"https:\/\/ntpark.me\/en\/category\/news\/"},{"label":"The 2025 Nobel Prize in Economics: Innovation as a Driver of Economic Growth","link":"https:\/\/ntpark.me\/en\/news\/nobelova-nagrada-za-ekonomiju-2025-inovacije-kao-pokretac-ekonomskog-rasta\/"}],"_links":{"self":[{"href":"https:\/\/ntpark.me\/en\/wp-json\/wp\/v2\/posts\/14396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ntpark.me\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ntpark.me\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ntpark.me\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/ntpark.me\/en\/wp-json\/wp\/v2\/comments?post=14396"}],"version-history":[{"count":2,"href":"https:\/\/ntpark.me\/en\/wp-json\/wp\/v2\/posts\/14396\/revisions"}],"predecessor-version":[{"id":14400,"href":"https:\/\/ntpark.me\/en\/wp-json\/wp\/v2\/posts\/14396\/revisions\/14400"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ntpark.me\/en\/wp-json\/wp\/v2\/media\/14391"}],"wp:attachment":[{"href":"https:\/\/ntpark.me\/en\/wp-json\/wp\/v2\/media?parent=14396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ntpark.me\/en\/wp-json\/wp\/v2\/categories?post=14396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ntpark.me\/en\/wp-json\/wp\/v2\/tags?post=14396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}