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productivity

noun [U]
 
 
/ˌprɒd.ʌkˈtɪv.ɪ.ti/ US  /ˌproʊ.dəkˈtɪv.ə.t̬i/

Definition

C1 the rate at which a company or country makes goods, usually judged in connection with the number of people and the amount of materials necessary to produce the goods: Studies show that if a working environment is pleasant, productivity increases. a productivity bonus/incentive Productivity in the steel industry improved by five percent last year.Creating and producingInventing, designing and innovation
(Definition of productivity noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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