Innovation and Subjective Wellbeing Among Older People

In this chapter, the authors examine whether an individual’s wellbeing is enhanced by the level of innovation in the country in which they live. The study is based on quantitative analysis of cross-country data from the World Values Survey. The authors use the Global Innovation Index (GII) and the number of recorded patents as proxies for country-level innovation and find that innovation is positively associated with subjective wellbeing.