Diversity of Idea Flows and Economic Growth

What role does access to diverse ideas play in economic growth? New forms of geo-located communications and economic data allow measurement of human interaction patterns and prediction of economic outcomes for individuals, communities, and nations at a fine granularity, with the strongest predictors...

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Detalhes bibliográficos
Autor principal: Pentland, Alex
Outros Autores: MIT Connection Science (Research institute)
Formato: Artigo
Idioma:English
Publicado em: Journal of Social Computing 2021
Acesso em linha:https://hdl.handle.net/1721.1/130301
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author Pentland, Alex
author2 MIT Connection Science (Research institute)
author_facet MIT Connection Science (Research institute)
Pentland, Alex
author_sort Pentland, Alex
collection MIT
description What role does access to diverse ideas play in economic growth? New forms of geo-located communications and economic data allow measurement of human interaction patterns and prediction of economic outcomes for individuals, communities, and nations at a fine granularity, with the strongest predictors of income, productivity, and growth being measures of diversity and frequency of physical interaction between communities (clusters of interaction). This finding provides both new investment opportunities and new methods of risk assessment. Access and use of these data raise privacy and security risks, and the final section of the paper describes how these challenges can be controlled.
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spelling mit-1721.1/1303012025-02-06T18:53:04Z Diversity of Idea Flows and Economic Growth Pentland, Alex MIT Connection Science (Research institute) What role does access to diverse ideas play in economic growth? New forms of geo-located communications and economic data allow measurement of human interaction patterns and prediction of economic outcomes for individuals, communities, and nations at a fine granularity, with the strongest predictors of income, productivity, and growth being measures of diversity and frequency of physical interaction between communities (clusters of interaction). This finding provides both new investment opportunities and new methods of risk assessment. Access and use of these data raise privacy and security risks, and the final section of the paper describes how these challenges can be controlled. 2021-03-31T14:00:41Z 2021-03-31T14:00:41Z 2020-09 Article https://hdl.handle.net/1721.1/130301 Pentland, A. (2020). Diversity of Idea Flows and Economic Growth. Journal of Social Computing, 1(1), 71-81. en Attribution-NonCommercial-ShareAlike 3.0 United States http://creativecommons.org/licenses/by-nc-sa/3.0/us/ application/pdf Journal of Social Computing
spellingShingle Pentland, Alex
Diversity of Idea Flows and Economic Growth
title Diversity of Idea Flows and Economic Growth
title_full Diversity of Idea Flows and Economic Growth
title_fullStr Diversity of Idea Flows and Economic Growth
title_full_unstemmed Diversity of Idea Flows and Economic Growth
title_short Diversity of Idea Flows and Economic Growth
title_sort diversity of idea flows and economic growth
url https://hdl.handle.net/1721.1/130301
work_keys_str_mv AT pentlandalex diversityofideaflowsandeconomicgrowth