This ACtioN Briefing, led by Structure of Technology Workshop co-organizer Ricardo Hausmann, started off with an overview of the "Scrabble Model," which demonstrates how economic growth is impact by both a nation's competencies and the structure of the technologies that transform competencies and inputs into products. This included an introduction to a global and publicly available dataset, which Ricardo and his team collected in accordance with the model. The session ended with a broader discussion of ideas from the recent workshop and areas for future discussion, including modularity, specialization, and the concept of an organization as a technology.
US Mountain Time
Our campus is closed to the public for this event.
Ricardo HausmannScience Board Co-chair & External Professor at SFI; Director of the Center for International Development & Professor at Harvard
Director of the Center for International Development and professor of the Practice of Economic Development, both at Harvard, earned a PhD in economics at Cornell University. In addition to positions with the government of Venezuela, he served as the first chief economist of the Inter-American Development Bank and as chair of the IMF-World Bank Development Committee. His research interests include issues of growth, macroeconomic stability, international finance, and the social dimensions of development. He brings a networks and statistical mechanics perspective to developmental economics.