The productivity-compensation gap all but disappears when using the correct output deflators to adjust workers' wages, writes John Wu in Innovation Files.
Innovation Files Blog
June 19, 2017
Fact of the Week: The Much-Publicized Gap Between Productivity Growth and Wage Growth Shrinks in Nearly Nine Out of 10 Industries When it is Calculated Correctly
June 12, 2017
Fact of the Week: In the EU, Increasing R&D Investment Creates 30 Percent More Employment in High-Tech Firms than Medium-Tech Firms
In the EU, increasing R&D investment by one percent creates 30 percent more employment in high-tech firms than medium-tech firms, writes John Wu in Innovation Files.
June 5, 2017
As manned Dutch fuel stations were automated from 2005 to 2011, their fuel prices dropped by 1 to 2 percent, writes John Wu in Innovation Files.
June 2, 2017
Broadband Myth Series, Part 1: What Financial Data Shows About the Impact of Title II on ISP Investment
A major part of the net neutrality debate is whether capital investment in broadband has gone up or down since ISPs were designated common carriers under Title II, writes Doug Brake in Innovation Files.
May 30, 2017
Fact of the Week: Pharmaceutical Innovation Accounted for 73 Percent of the Increase in Life Expectancy in 30 Developing and Developed Countries From 2000 to 2009
Pharmaceutical innovation accounted for 73 percent of the increase in life expectancy (approximately 1.73 years) in 30 developing and developed countries from 2000 to 2009, writes John Wu in Innovation Files.
May 26, 2017
The BROWSER Act would change how the government regulates online data, thereby increasing costs for companies, limiting their capacity to innovate, and reducing functionality for consumers—all without increasing privacy for users, writes Daniel Castro in Innovation Files.
May 23, 2017
The latest entry in the “all industries are the same” chronicles comes from the Congressional Research Service, writes Rob Atkinson in Innovation Files.
May 22, 2017
Fact of the Week: Ad-Blocking Software Decreases Traffic to the Average Website by 0.67 Percent For Every 1 Percentage-Point Increase in Users Adopting the Technology
Ad-blocking software decreases traffic to the average website by 0.67 percent for every 1 percentage-point increase in users adopting the technology, writes John Wu in Innovation Files.
May 19, 2017
Fact of the Week: Private Chinese Firms Innovate More Efficiently Than State-Owned Firms, Yet China Showers Much More Generous R&D Subsidies on State-Owned Firms
State-owned Chinese firms receive up to four times more R&D subsidies but are less innovative than private Chinese firms, writes John Wu in Innovation Files
May 10, 2017
Fact of the Week: A Small Business Innovation Research Grant Doubles an Energy-Technology Company's Chances of Later Receiving Venture Capital
Small energy-technology companies that receive an SBIR grant are twice more likely to receive venture capital investment in the future, writes John Wu in Innovation Files.