Meghan Ostertag

Though employment is projected to increase over the next two years by 1.1 percent and 0.7 percent, respectively, this growth is expected to reverse over the next several years. The aging populations of many OECD countries will lead to the overall employment rate in the OECD block declining by 8 percent by 2060.

As federal R&D spending stalls, U.S. businesses are increasingly driving innovation and economic growth through higher private R&D investment, making it essential for policymakers to boost incentives by doubling the R&D tax credit.

By utilizing AI for monsoon forecasting, the Indian Meteorological Department has increased its accuracy by 20 percent, which has had a positive impact on agricultural planning and crop yields.

Over the last year, Missouri has seen a 200 percent increase in the number of broadband crimes.

Robots are the future. It is time for Congress and the administration to take a number of straightforward and affordable steps to boost U.S. robotics innovation and adoption.

In a random sample of start-ups collected from U.S. Census Bureau data, just 11.6 percent adopted advanced technology; however, these firms accounted for 39 percent of total employment and 44 percent of total revenue in the sample.

Researchers estimate that R&D investment in the biopharma industries in 2021 was $276 billion, 170 percent greater than other commonly cited estimates.

Implementing a flat 15 percent indirect cost recovery rate at the NIH could result in a 20 percent decline in university research funding.

Congress has authorized $20 billion over five years to fund the National Science Foundation’s Technology Innovation Partnership, but lawmakers have appropriated just $410 million. To win the techno-economic war with China, America needs the TIP directorate to be fully funded.

In 2023, the United States invested about $175 billion in research conducted at government institutions and universities. That same year, the EU invested about $180 billion, and China about $200 billion.

Universities play a pivotal role in America’s technology economy, serving as a crucial source of research, inventions, patents, start-up technology companies, and regional economic and employment growth. The Bayh-Dole Act has played an instrumental role in spurring academic technology transfer activities that serve as vital drivers of American innovation.

China listed 7,100 clinical trials in 2024, while the United States held 6,000.