He is a Professor at the College de France and 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 pioneered the so-called “Schumpeterian Growth paradigm” which was subsequently used to analyse the design of growth policies and the role of the state in the growth process. In 2001 he won the Yrjo Jahnsson Prize as best European economist under the age of 45. In 2009 he received the John von Neumann Award and in March 2020 he shared the BBVA Frontiers of Knowledge Award with Peter Howitt for “having developed a theory of economic growth based on the innovation that emerges from the process of creative destruction”. Most of this work is illustrated in the books written with Howitt entitled Endogenous Growth Theory, MIT Press (1998) and The Economics of Growth, MIT Press (2009), in the book written with Rachel Griffith on Competition and Growth, MIT Press (2006), and in the study What Do We Learn from Schumpeterian Growth Theory? (in collaboration with U. Akcigit and P. Howitt). In September Il potere della distruzione creatrice will be published by Marsilio Editori.