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.
Innovation & Economic Growth: Rationales for a National Innovation Strategy
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.