Economic Theory

"Innovation Economics: the Race for Global Advantage" Lecture and Book Signing Event

November 7, 2012
| Presentations

An intense race for global economic advantage is under way. The race will be won by nations with innovation-based economies and economic policies. In a new book on sale now, well-known innovation experts Rob Atkinson and Stephen Ezell explore how a weak U.S. innovation economy not only contributed to the Great Recession but is delaying recovery. With sobering data and historical insights, they contrast U.S. innovation policy with that of other developed and developing nations to make a compelling case for a new bipartisan national innovation agenda. "Innovation Economics: The Race for Global Advantage" is a detailed, pragmatic road map for countries to follow if their leaders wish to retain or in many cases regain global innovation advantage by 2020, as well as to maximize the global supply of innovation and promote sustainable globalization.

Date/Time: Wednesday, November 7, 2012 2:00PM - 4:00 PM


Location: 108N, North House, Munk School of Global Affairs 1 Devonshire Place


Register with the Munk School of Global Affairs.

Looking for Good Jobs? Look to Big Companies

November 1, 2012
| Blogs & Op-eds

In short, the real future of America’s economy lies in whether large firms and fast-growing small firms that want to be large firms succeed in America. And to make that happen, and get the millions of jobs that come from it, the United States will need a new national innovation and competitiveness strategy designed to win the race for global innovation advantage.

The Sad Reality Behind Foreign Direct Investment in the United States

October 23, 2012
| Blogs & Op-eds

The United States should welcome Greenfield FDI, but most FDI is not Greenfield and, as a form of investment, is fundamentally no different than foreign purchases of U.S. treasuries.

Does the U.S. Economy Compete with Other Economies?

October 22, 2012
| Blogs & Op-eds

f a country loses the computer chip industry to foreign competitors, that value similarly disappears as the industry’s supply chains and industrial commons are hollowed out. The neoclassical assumption that residual assets will be redeployed to high-value-added sectors is not necessarily the case. More likely than not, many of the laid-off computer chip workers would end up working in lower-paying sectors, perhaps making potato chips. The United States economy does compete with other nations for high value-added production and losing the race means a stagnant economy, with limited wage growth and higher unemployment rates. Just what America is facing today.

Practicing Sustainability: Chapter 24

October 20, 2012
| Books

Buy on Amazon.

In a chapter for the new book Practicing Sustainability, Rob Atkinson wrote about sustainability from an innovation economics perspective, writing that sustainable development means that all people, particularly those in developing nations, be able to achieve the best possible standard of living while emphasizing that environmental sustainability is really only possible through radical technological innovation, especially clean energy innovation. His chapter shows the need to overlook the misguided claims that countries can't afford productivity - at the end of the day what is really not sustainable is low productivity and poverty.

Rob Atkinson on Money Radio 1510 "Business for Breakfast"

October 17, 2012
Rob Atkinson appears on Money Radio 1510 to discuss Innovation Economics: The Race for Global Advantage.

Rob Atkinson appears on Money Radio 1510 "Business for Breakfast" with Ken Morgan & Julie Dougherty to discuss Innovation Economics: The Race for Global Advantage.

Boosting Productivity: Time to Stop Listening to the (Conventional) Economists

October 12, 2012
| Blogs & Op-eds

Boosting productivity is key. But if we are going to get the policy framework right Washington needs to stop thinking that conventional economists are the only ones qualified to shape economic policy. It’s time to bring in business scholars, technologies, innovation economists, regional planners and others who have grounding in the real world of organizations and industries.

Is the U.S. Losing the Global Innovation Advantage Race?

October 9, 2012
Rob Atkinson discusses what he believes is the real reason for the financial collapse and Great Recession.

Rob Atkinson discusses what he believes is the real reason for the financial collapse and Great Recession, as explained in Innovation Economics, with Fox News anchor Steve Brown.