Perhaps the most important step developing nations need to take is throw lump-of-labor thinking overboard and embrace productivity growth, including from technology like self-service gas stations.
Innovation Files Blog
July 24, 2019
The net result of this legislation would be to increase support for research by start-ups without breaking the link between the credit and actual taxes paid. This should significantly bolster the U.S. innovation ecosystem.
July 22, 2019
If the history of automation teaches us anything, it is that while automation can temporarily displace some workers it also raises living standards for society by reducing costs, improving quality, and allowing people to concentrate on higher-value work.
July 15, 2019
Fact of the Week: Manufacturing Contributed 14 Percent of U.S. Economic Growth From 1987 to 2016, but it has Been Contracting Since 2007, Such That is now Reducing Growth by 1 Percent
Manufacturing’s smaller role in the U.S. economy is hotly debated, with many blaming automation for its demise. But analysis of a recently expanded BEA and BLS dataset demonstrates both how stark manufacturing’s decline has been and that fears of automation are largely misplaced.
July 12, 2019
With China becoming more assertive, one might think Taiwan would feel the need to increase productivity and innovation, including by working more closely with U.S. companies. Apparently not.
July 8, 2019
Fact of the Week: The Chinese Government Provided Approximately $132 Billion in Export Financing in 2018
Until the last decade, major nations primarily provided financing to domestic exporters only as a lender of last resort. Since then, official medium- and long-term export crediting has more than doubled from $55 billion in 2008 to $129 billion in 2018.
July 1, 2019
Fact of the Week: Equipping Trains With Real-Time Positioning Systems Allows for Dynamic Speed Requirements, Which Reduces the Average Delay by up to 42 Percent
Trains have traditionally relied on signals from human dispatchers to determine their speed. However, large disparities in the speeds that different trains can travel causes significant inefficiencies in this process. New analysis of Southern California’s rail network has found that new positive train control technology can dramatically improve efficiency.
June 29, 2019
Following a meeting with Chinese President Xi Jinping on the sidelines of the G20 meetings in Tokyo, President Trump stated that he had agreed to lift the “deemed export” ban on Huawei.
June 26, 2019
It was my great pleasure in late May to welcome an interdisciplinary group of 18 early career researchers of energy innovation policy and management for a week of intensive discussion with one anot
June 24, 2019
Fact of the Week: Property Tax Revenue in the Tanzanian City of Arusha has Grown 23 Percent Faster Than Other Local Taxes Since the Introduction of an ICT-based Collection System
Property taxes are very data intensive, requiring extensive records and analysis to accurately assess property values and levy taxes accordingly. This makes property taxes particularly difficult to apply in developing countries, especially because property taxes tend to be implemented by local governments.