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The number of students enrolling in at least one class online has steadily increased by thousands of students each year since 2002. This is important because the U.S. government spends an average of $800 billion on education, and online courses could be an important coast cutting measure. As technology continues to improve and become more affordable, it is predictable that education...

According to Pew, in 2011 federal money accounted for more than $40 billion of the $65 billion universities spent on research. Like most other federal agencies, the National Institutes of Health must cut 5 percent of its budget to comply with sequestration. Because NIH funnels about 85 percent of its budget to researchers, it is already scaling back some grants, according to director Francis...

The collection of statistics on deployment is a new wrinkle for OECD, which uses the term "coverage" rather than "deployment" to describe them. These new coverage data allow us to see the picture of how widely deployed broadband networks are, as well as the state of intermodal competition internationally. While the United States ranked 31st in terms of the extent of DSL deployment in 2008, it...

In the old economy, virtually all economic transactions involved the transfer of physical goods and paper records, or the interaction of people in person or by telephone. In the New Economy, a significant share of both business and government transactions are conducted through digital means. For example, online retail sales have increased as a share of total retail sales on an average of 5...

Perhaps the most aggressive estimate of economic benefits from an EU-US free trade agreement (FTA) has come from the U.S. Chamber of Commerce, which estimates that a 50 percent NTB reduction scenario would increase both EU and U.S. GDP by 3 percent, generating annual gains of $450 billion for the United States and $495 billion for Europe. The Chamber also estimates that full tariff elimination...

Mobile technology is expanding the digital frontiers far beyond what was even imaginable a few short years ago. To ensure that mobile broadband reaches its full potential, nations must continue to support both the deployment of mobile broadband technologies and the proliferation of mobile computing devices through which to access the Internet. They also must work to enhance the trust and...

Because of the key role federal R&D plays in driving U.S. innovation, productivity, and economic growth; we estimate that the projected decline in R&D will reduce GDP by between $203 billion and $860 billion over the nine year period, depending on the baseline used. At $203 billion, the loss is equivalent to taking away from U.S. consumers all the new motor vehicles purchase over six...

Mobile technology is expanding the digital frontiers far beyond what was even imaginable a few short years ago. To ensure that mobile broadband reaches its full potential, nations must continue to support both the deployment of mobile broadband technologies and the proliferation of mobile computing devices through which to access the Internet; to remain vigilant to ensure the trust and...

Research and development yields product and process innovations, adds to the knowledge base of industry, and is a key driver of economic growth. On average, business performs 74 percent of all U.S. R&D. After steadily rising in the 1980s and falling in the early 1990s, industry R&D as a share of GDP climbed to a peak in 2000 at nearly 2.03 percent of GDP, and then declined through 2004...

To compete in the New Economy, states need a supply of talented labor with the right skills and education to meet the demands of globally competitive businesses. In many cases, these workers do more than merely fill occupational gaps; by bringing new ideas and perspectives from other countries and cultures, they can enhance states' levels of innovation. For example, foreign-born and foreign-...