Business R&D growth over the past three decades has been anemic, and companies are focusing more on near-term product development, less on basic and applied research. Meanwhile, the U.S. government is cutting support for research while many other countries are expanding support.
Publications: John Wu
June 4, 2018
March 16, 2018
Raising the cost of ICT products by levying tariffs on ICT imports from China would reduce growth in U.S. ICT investments, which would lower productivity growth, and thus economic growth.
November 28, 2017
The number of technology-based start-ups surged 47 percent in the last decade. These firms still account for a relatively small share of all businesses, but they have an outsized impact on economic growth, because they provide better-paying, longer-lasting jobs than other start-ups, and they contribute more to innovation, productivity, and competitiveness.
November 6, 2017
The State New Economy Index uses 25 indicators to measure the extent to which state economies are knowledge-based, globalized, entrepreneurial, IT-driven, and innovation-oriented.
September 28, 2017
By reducing costs, the Information Technology Agreement (ITA) leads to increased use of ICT goods, which spurs productivity and economic growth in signatory nations, while deepening their enterprises’ participation in global value chains.
July 31, 2017
While data-driven innovation is a global phenomenon, some regions are better poised to enjoy the resulting benefits because they have invested in and supported the conditions necessary to succeed in the data economy. This is also true within the United States.
June 5, 2017
The prevailing narrative that the U.S. labor market is experiencing an unprecedented rate of technology-driven disruption couldn’t be further from the truth, write Rob Atkinson and John Wu in Brink.
May 22, 2017
By reducing costs, the ITA leads to increased use of ICT goods, which spurs productivity and economic growth while deepening enterprises’ participation in global value chains. This generates new tax revenues to partially or fully offset tariff losses.
May 8, 2017
Contrary to popular perceptions, the labor market is not experiencing unprecedented technological disruption. In fact, occupational churn in the United States is at a historic low. It is time stop worrying and start accelerating productivity with more technological innovation.
November 28, 2016
America’s innovation-driven, high-tech economy isn’t concentrated around a few hubs like Silicon Valley; it is widely diffused—and every state and congressional district has a stake in its success.