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
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 email@example.com.
Service Innovation Policy Benchmarking: Synthesis of Results and 15 Country Reports
The United States lacks an integrated national service innovation strategy which reduces technological deployment and business development in a range of sectors, from health care to education. In addition, this lack of focus puts American industries at a disadvantage as other nations seeks to develop stronger service innovation policies across business sectors.
Copyright Policy and Economic Doctrines
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
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.
"Innovation Economics: the Race for Global Advantage" Lecture and Book Signing Event
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
Looking for Good Jobs? Look to Big Companies
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.
Does the U.S. Economy Compete with Other Economies?
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
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.