There is no difference between the stock of ideas and total factor productivity.

Question

Quizplus · Accepted Answer

While both terms relate to the generation and use of ideas in the production process, they are not identical. Total factor productivity is a measure of the efficiency with which inputs (including ideas) are used to produce outputs, while the stock of ideas refers to the available knowledge and innovations that can be drawn upon for future production.

There Is No Difference Between the Stock of Ideas and Total