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Philippe Aghion
Innovation and business growth

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Philippe Aghion is a professor at the Collège de France and INSEAD, visiting professor at the London School of Economics and a fellow of the Econometric Society and the American Academy of Arts and Sciences. His research focuses on the economics of growth. With Peter Howitt, he developed the Schumpeterian growth paradigm, which has subsequently been used to analyse the design of growth policies and the role of the state in the growth process. Much of this work is summarised in their joint book Endogenous Growth Theory (MIT Press, 1998) and The Economics of Growth (MIT Press, 2009), in his book with Rachel Griffith on Competition and Growth (MIT Press, 2006), and in his survey What Do We Learn from Schumpeterian Growth Theory (joint with U. Akcigit and P. Howitt).

 

In 2001, Philippe Aghion was awarded the Yrjo Jahnsson Prize for the best European economist under 45, in 2009 he received the John Von Neumann Prize, and in March 2020 he shared the BBVA ‘Frontier of Knowledge Award’ with Peter Howitt for ‘developing a theory of economic growth based on innovation that emerges from the process of creative destruction’. More recently, Philippe Aghion published a new book entitled ‘The Power of Creative Destruction’ (Odile Jacob, Harvard University Press) in collaboration with C.Antonin and S. Bunel.

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