The Few Who Move the Many: Standout & Straggler Firms in Leading-Country Industrial Productivity

Very interesting indeed from the Jan Mischke-led MGI team. In leading technological-frontier economies, real economic growth and change may well come in seismic bursts, often led by a single company. The story appears to be not one of slow diffusion, but of a handful of risk-takers dragging the rest of us, often unwillingly, into the more productive future. What does this mean for policy, wages, and the future of economic dynamism?…

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2025-07-03 Th