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.
Moving from Economic Uncertainty to Prosperity with a Global Innovation Consensus
In a piece for Policy Network, Stephen Ezell sheds light on the new global reality. A unique opportunity sits before the United States and other countries to usher in an era of Innovation Economics. Citizens of all countries cannot be expected to wait out a generation as leaders make incremental adjustments to time-worn policies. It is time to put innovation at the service of economic opportunity, transformation, and renewal.