Economic Theory

Carpe Diem Nation

The New York Times
Opinion Columnist David Brooks cites "Innovation Economics" in his piece on U.S. investment.

How Nations are Faring in the Competition for Innovation-based Economic Growth

January 16, 2013
American Friends of Policy Exchange hosted Stephen Ezell for a policy talk.

American Friends of Policy Exchange hosted Stephen Ezell, author of Innovation Economics: The Race for Global Advantage. Stephen gave a presentation that focused on innovation policy, science and technology policy, international competitiveness, and trade, manufacturing, and services issues.

See video

Featured Speaker Rob Atkinson, Author, "Innovation Economics: The Race for Global Advantage"

January 31, 2013
| Presentations

Join us as Rob Atkinson, the author of the new book Innovation Economics: The Race for Global Advantage (Yale University Press) and president of the Information Technology and Innovation Foundation, will present a pragmatic road map for how the United States can regain an innovation advantage in the global economy. In addition, Dr. Susan Cozzens of Georgia Tech will moderate a distinguished panel to discuss how to apply the ideas from Innovation Economics to Georgia.
Rob Atkinson
President, ITIF

Stephen Fleming 
Vice President & Executive Director, Enterprise Innovation Institute, Georgia Tech

Brian McGowan 
President/CEO, Invest Atlanta

Rep. Ron Stephens
Chair of Economic Development & Tourism, GA House of Representatives
January, 31 2013
10:00 AM - 12:00 PM 
Centergy Building - Hodges Room
75 Fifth Street NW, Room 335
Atlanta, GA 30308
Register with TAG.

The Intensifying Competition for Global Innovation Leadership

January 7, 2013
| Blogs & Op-eds

Innovation Economics explains that economic growth hinges on the ability to innovate. While the U.S. has watched its manufacturing sector decline at a rate faster than during the Great Depression, shifted its R&D overseas, and squandered its ample resources on risky speculation, scores of nations have done the opposite and made investment in innovation a top priority. The similarities in the nature and causes of the decline experienced by both the United States and the United Kingdom are truly striking. Both nations failed to enact the right innovation-supporting policies, and both have paid the price with industrial decline. Remarkably, virtually all the factors that historians and economists attribute to the causes of British industrial decline almost exactly match the U.S. experience.


Smart Talk: Adventures in Entrepreneurialism - Innovation Economics: The Race for Global Advantage

December 12, 2012
| Presentations

Rob Atkinson will moderate a panel on entrepreneurialism based around Innovation Economics: The Race for Global Advantage at the University City Science Center in Philadelphia on December 12, 2012. Register now

Building the Global Innovation Economy

December 12, 2012
| Blogs & Op-eds

In a piece for the Futurist based on the ideas postulated in Innovation Economics, authors Rob Atkinson and Stephen Ezell argue by kickstarting innovation around the world, pressing economic challenges could be solved in ways that benefit both individual nations and the world as a whole. Obstacles to overcome this include outdated and unfair policies, special-interest pandering, and fear of the future.

PDF download available courtesy of the World Future Society,

Spoons: For Eating From the Trough of Growth, or for Digging a Pointless Hole?

December 11, 2012
| Blogs & Op-eds

A short rebuttal to Krugman's op-ed titled "Robots and Robber Barons," where he claims that innovation has lead to lower employment and lower wages.

“Innovation Economics" at the Center for Science and Technology Policy

December 4, 2012
| Presentations

Rob Atkinson will be hosting an event on Innovation Economics: The Race for Global Advantage at George Mason University’s Center for Science and Technology Policy (School of Public Policy), as part of the monthly seminar series that explores new ideas and work-in-progress with the Washington-area research community. It’s open and free to all interested researchers with a special invitation extended to graduate students.

The seminars are held at the George Mason University’s School of Public Policy (Original Building) on the Arlington campus, a short walk from the Orange Line’s Virginia Square/GMU Metro stop (map). The seminar starts at about 12:00 PM and concludes no later than 1:15 PM. CSTP will provide coffee and cookies — participants are welcome to bring a brown bag lunch. Driving Directions can be found here.

Please RSVP to David Hart at

Copyright Policy and Economic Doctrines

November 26, 2012
| Reports

For many years, the debate over copyright policy in advanced industrial nations was marked by a relative lack of partisan and ideological conflict. There was a general consensus that relatively strong copyright protection spurred the development of content and was both pro-innovation and pro-consumer. But in the last decade, this has changed markedly, as was so clear with the heated debate over PIPA/SOPA last year. However, copyright policy debates are largely grounded in economic doctrines. 

Despite what many economists claim, economics is not a science; and in this case intellectual approaches to the issue of information industries and copyright differ substantially. These approaches reflect differences in economic doctrine among economists, policymakers and others. Based on these doctrines, different people stress different goals and values and work under different assumptions about how information industries and copyright work.

This report postulates and describes four competing economic doctrines: conservative neoclassical, liberal neoclassical, neo-Keynesian, and innovation economics. It explains how each doctrine leads to different views of optimal copyright policy and how there is no scientifically optimal copyright policy; any policy position reflects different goals, assumptions and values.


No More Growth? Let's not be so Hasty: An Assessment of Robert J. Gordon's Recent Working Paper

November 9, 2012
| Blogs & Op-eds

Robert J. Gordon’s latest no-growth forecast has received a lot of attention due to both the economic climate and its provocative nature. Fortunately, his “provocative fantasy” isn’t based in reality and his presentation of the recent growth and productivity data are fundamentally wrong.

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