Innovation Files Blog

November 27, 2019
Mission Innovation—a commitment by the world’s major powers to accelerate innovation in emissions-cutting technologies—has been virtually forgotten. Worse, its signatories are not living up to its terms.
November 25, 2019
Proponents of capping drug prices often dismiss concerns about the impact on pharmaceutical R&D by pointing to the fact that drug prices are much lower internationally than in the United States. But this reasoning fails to consider that price restrictions in other countries have made pharmaceutical companies disproportionately reliant on revenue from the United States.
November 18, 2019
Since 2011, the U.S. government has spent over $400 million to provide broadband Internet access to 1.6 million people. A recent study investigated the impact that policies like these can have by examining the construction of broadband infrastructure across China, finding that every 10 percent increase in a region’s infrastructure increased firms’ productivity by 1.1 percent and workers’ wages by 4.2 percent.
November 12, 2019
Ensuring that students are not only capable of using technology, but also of integrating technology into their work is key to providing students with the skills they will need in the modern economy. In 2018, over 46,000 8th graders from 12 developed and developing countries participated in a study of computer and information literacy.
November 12, 2019
While most people agree lying is wrong, nobody seems to agree on what should happen to those lies when politicians publish them on social media.
November 4, 2019
R&D tax incentives are key to fostering innovation, effectively providing needed public support for research without sacrificing private-sector market incentives. According to a new report by the OECD, the United States is well behind much of the rest of the world in this respect.
November 1, 2019
So, let’s all take a deep breath and say together: “Technological change is not accelerating, but it would sure be nice if it would.”
October 28, 2019
The U.S. economy has polarized since 1980, with widening gaps between high- and low-skilled wages driving increased inequality. One study has provided a partial explanation for this trend, identifying that sectors with high “income elasticity” (where demand is more sensitive to changes in income) are more likely to employ both high- and low-skilled workers, but less likely to employ medium-skilled workers.
October 23, 2019
Nearly 25 percent of all R&D expenditures in China come in the form of government subsidies to firms. It would be ideal if China dramatically reduced these innovation subsidies so American workers in innovation industries would face a level playing field, but the chances of that happening are slim to none. It is time for the federal government to step up its game and provide significantly more support for industrial R&D.
October 21, 2019
In response to increased public pressure, both Congress and the Trump Administration have recently promoted efforts to reduce the price of prescription drugs in the United States. Several other countries have already imposed measures of their own.