Philippe Aghion wins Nobel Prize for research on innovation-driven growth
Market watch
Philippe Aghion wins Nobel Prize for research on innovation-driven growth
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31 October 2025
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Infrastructure
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Philippe Aghion
Professor at the Collège de France and INSEAD in France, and visiting professor at the London School of Economics
A professor at the Collège de France and INSEAD in France, and a visiting professor at the London School of Economics, Aghion is renowned for demonstrating the link between growth and ‘creative destruction’ – the concept popularized in the 1940s by Joseph Schumpeter, in which superior new business models and technologies replace older ones. His work with Peter Howitt (with whom he shares the prize) has shaped our understanding of how technological progress and competition drive long-term prosperity, as well as the state’s role in fostering innovation.
We were honored to host Philippe Aghion at our Ai x Ai conference and warmly congratulate him on this well-deserved recognition for research that continues to shape how we understand innovation and long-term prosperity.
Aghion has also played a key role in shaping France’s AI policy. He co-chaired, with Anne Bouverot, the French Artificial Intelligence Commission, whose March 2024 report to the government recommended making AI a national priority for investment, research and training.
Through the annual Ai x Ai conference, Ardian aims to contribute to the public debate on a transformative technology that is redefining investment, transforming economies and reshaping global geopolitics.
On November 13, the conference returns with a specific focus on AI sovereignty. We are delighted to open the event with another prestigious keynote speaker, Frédérick Douzet, exploring the often-overlooked geopolitical dimensions of AI and digital infrastructure.