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English definition of “productivity”

productivity

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