The personal account of Roy Green, former Dean of UTS Business School & enthusiast for all things innovation, technology & social change
Sydney
Joined October 2009
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Roy Green retweeted
Very valuable!
"Understanding Productivity," edited by Roy Green and Phillip Toner.
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"A central concern of economists, policymakers and civil society in recent years has been the persistent and widespread slowdown in global productivity growth. This stands in stark contrast to the robust productivity performance and associated prosperity witnessed across advanced economies in previous decades. The productivity slowdown represents a significant concern because it underpins the tensions emerging from income and wealth inequality, an expanded corporate profit share and geopolitical friction as established and emerging economic powers vie for global market supremacy. History offers numerous examples of technological advancement coinciding with heightened economic uncertainty and political discontent, yet these were also predominantly periods of accelerated productivity growth. This volume delivers a guide to the contested terrain through a diversity of perspectives spanning mainstream economic analysis to institutional and political economy frameworks. It encompasses topics ranging from the definition and measurement of productivity to the function of research and innovation, financialization and business dynamism, management quality and workplace relations and the existential implications and opportunities presented by climate change. Understanding Productivity targets policymakers, students across multiple disciplines and readers eager to examine the productivity "black box," to participate in an informed exploration of theory and evidence-based perspectives and to formulate their own conclusions about this critically important dimension of contemporary economic discourse and debate."
Bart van Ark: "This volume provides a timely and authoritative guide to the complex debates surrounding the global productivity slowdown. Bringing together leading international experts, it explains why productivity matters for living standards and economic policy and offers readers an accessible overview of the key concepts, measurement challenges and competing interpretations shaping today’s productivity discourse and the future outlook."
amzn.to/4zd7FyQ
Roy Green retweeted
Experts urge industrial focus for Australia’s AI agenda | @justinrhendry
@ProfRoyGreen @drjohnhoward @UTSEngage #Innovation #IndustryPolicy #AusTech
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Roy Green retweeted
Productivity has slowed to a crawl over the past two decades, taking wage growth with it. Join us for a free livestream on Wednesday, where @ProfRoyGreen will discuss the productivity challenge, and what we can do about it: royalsoc.org.au/events/joint…
ALT A graphic sharing details of an upcoming The Royal Society of NSW livestream entitled Overcoming the Productivity Challenge — A Fireside Chat with Roy Green. The lecture will feature Emeritus Professor Roy Green AM FRSN, Special Innovation Advisor, University of Technology Sydney.
Roy Green retweeted
The government's approach to saving Tomago offers a blueprint for other interventions to future-proof industry, such as at Whyalla. @ProfRoyGreen @UTSEngage theconversation.com/why-the-…
Roy Green retweeted
Roy Green’s middle power path to AI and productivity | @888riley
@ProfRoyGreen #AI #Productivity #AusTech
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Roy Green retweeted
Australia’s AI edge is niche models, says CSIRO’s Doug Hilton | @justinrhendry
@CSIRO #AI #AusTech
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“Where Germany has a highly decentralised and durable industrial base and stable policy direction, Australia remains somewhat stuck – still debating its future while trying to rebuild the plane mid-flight.” innovationaus.com/understand…
Roy Green retweeted
Trade in advanced manufacturing grew rapidly in 2025, showing that longer-term economic forces are shaping trade—even amid tariffs and disruption.
Here’s what business leaders should know about today’s trade landscape: mck.co/GeopoliticsTrade2026
Net zero transition = new energy infrastructure, grid investment & industrial retooling at scale.
Economic complexity & resilience = sovereign manufacturing capability & uplift in research & technology investment rdasydney.org.au/what-austra… @RDASydney #FMA
Roy Green retweeted
@MazzucatoM's new book provides a new compass for navigating in these troubled times
The 'public good' in economics has been framed as correcting for what the private sector doesn't do. But you cannot do good without a new theory of what good actually is.
Presenting my next book, The Common Good Economy at @HowToAcademy—a practical 'common good compass' to navigate our economies in a radically different direction.
How do we value each other? Set up innovative collaborations? Share knowledge, risks and rewards? The how matters as much as the what.
2 June | 19:00 | St Martin-in-the-Fields | Ticket link below
“Industrial policy is security policy. I start from a social democratic understanding of security. A society’s capacity to withstand shocks depends on strong public institutions, social cohesion & a robust industrial base” @PressClubAust minister.industry.gov.au/min… @ayrestim
“Industrial policy is a necessity, not an obstacle, for Australia's purposeful engagement abroad and an economic tool to lift #productivity and constraints on growth here” Great speech by Industry & #Innovation Minister Tim Ayres 👏
url.au.m.mimecastprotect.com… @AlboMP @ayrestim
“This is not a story about one industry being disrupted. It is a story about the capital stock of the knowledge economy being repriced in real time” Our take on AI transformation @FinancialReview afr.com/policy/economy/histo…
“The SERD panel has made a welcome contribution to a complex and undervalued policy domain. The government’s task now is to process and integrate this contribution with its wider, transformative vision of a Future Made in Australia” @Innov_Aus innovationaus.com/research-a…
Roy Green retweeted
Research and innovation has reached a tipping point | Roy Green
#Research #Development #AusTech
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Roy Green retweeted
Dani Rodrik explains why – and how – policymakers should seek to reconcile competing perspectives on what an economy is for. project-syndicate.org/commen…
Roy Green retweeted
Since my op-ed in the @FT was published on Monday (ft.com/content/4b51d0b4-bbfe…), there’s been a growing debate about whether we’re beginning to see evidence that AI is boosting productivity.
First, let me be clear that the aggregate productivity data by itself is far from definitive. Even with the new revisions, there is certainly a lot of noise in US productivity numbers. No doubt lots of other factors are at work.
That said, my growing confidence that AI is powering higher productivity draws on evidence from a variety of sources:
1. The stunning capabilities of AI. If anything, I think the past decade of impressive improvements in machine learning and generative AI are still underrated. We are in the early stages of a massive economic transformation: digitaleconomy.stanford.edu/…
2. A growing number of micro studies document double-digit productivity gains in specific applications. @alexolegimas has a great catalog in his blog post: aleximas.substack.com/p/what…
3. My discussions with power users who use AI for coding, customer service, research and other applications, as well as more and more business executives, convince me that the facts on the ground are (finally) changing.
4. Data from our Canaries in the Coal Mine paper show employment changes in occupations most affected by AI: digitaleconomy.stanford.edu/…
5. And now, inklings in the aggregate productivity data are also telling the same story.
These are all consistent with the hypothesis that AI is beginning to have a positive impact on productivity.
The FT put a more definitive headline on my recent piece than I would have liked, but my bet (longbets.org/868/) is that we're likely to see more and more evidence as time goes on, barring some other shocks (e.g. macro mismanagement, trade wars, etc).
As each quarter goes by and we see more data, I continue to update my views.
No doubt, I'm currently out of sync with a lot of mainstream economists on this topic, but that’s ok by me.
“Australia’s narrow trade & industrial structure means that focusing on the jobs & technologies of the future should be an overriding priority for policy-makers” My take on economic #complexity ranking @Innov_Aus innovationaus.com/australia-… @ayrestim
“In the post-war period… the US might've got away with dominating not only its hemisphere, but the entire world economy. But those days are gone. We're in a multipolar world now, and we're beginning to see the formation of trade blocs” My take @abcnews abc.net.au/news/2026-01-30/t…
