Competitiveness

Innovation, including the diffusion of information technology throughout the economy, is key to boosting productivity, which in turn is at the heart of increasing living standards.

Fed Stimulus Blunted as Software Replaces Hardware: Economy (1)

Bloomberg Businessweek
Given the cloudy economic outlook and lack of policy consensus in Washington, “businesses are trying to avoid long-term bets on fixed assets,” says Joe Kennedy.

Is Moore's Law Dead?

Latin America and the Caribbean trail other nations in productivity growth.

Manufacturing productivity growth in LAC countries over the past two decades has significantly trailed both that of developed economies and other developing nations (particularly Southeast Asian nations), in large part due to the slow rate of productivity growth among small and medium sized enterprises (SMEs). To address this, nations need to specifically improve innovation assistance services for SMEs which have been shown to positively impact productivity growth. 

The Nordic Nations are Innovation Leaders and Models the U.S. Should Follow

Sweden, Denmark and Finland finished first, third and fourth respectively in the Innovation Union Scoreboard 2013, a ranking of innovation performance of EU member nations.  Read more »

America's Investment Crisis

October 23, 2013
| Blogs & Op-eds

Investment in new-capital machinery, equipment and software is the primary means through which innovation spreads throughout the economy. As these innovations diffuse through industries, they raise productivity, lower costs of production and improve the competitiveness of the American economy as a whole. However business investment in the U.S. has fallen significantly in the last decade, exacerbating the economic stagnation we face.

Post Office $5.6 Billion Default Raises Urgency of Reforms

Newsmax
The USPS has to make serious changes including closing post offices that do not cover their costs, says Robert Atkinson.

The Evolution of Digital Content

Would Piracy Decline if More Movies Were Online Legally?

PC Magazine
"Content is now available in multiple formats, often for free, and despite this piracy continues to grow," says Michelle Wein.

Innovation & Economic Growth: Rationales for a National Innovation Strategy

October 17, 2013
| Presentations

Atkinson gave the keynote address at Tecnomamangement 2013, a technology and innovation conference sponsored by the Mexican Institute of Finance Executives and the Mexican Association of Computer Professionals. He discussed the specific policies necessary to implement a national innovation strategy and expand economic growth through innovation.

Effective Innovation Policies and Institutions Continue to Help Drive Success of Nordic Economies

October 17, 2013
| Blogs & Op-eds

Denmark, Finland, and Sweden are three of the world's most competitive and innovative economies, as speakers commented at an ITIF event on Nordic Innovation: What Can America Learn from the Scandinavian Innovation Ecosystem. The recent success of the Nordic economies is a result of several factors that the United States can learn from, including: a strong bipartisan consensus regarding the importance of federal investment in education, scientific research, and innovation; well-organized national innovation systems that benefit from formally articulated national innovation strategies (Finland’s, Sweden’s, Denmark’s) and well-funded national innovation agencies; and fundamental reforms undertaken in these economies over the past two decades that have made their tax structures more globally competitive, markets more competition-based, federal budgets better balanced, and workers greater skilled. 

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