American childen born to parents in the top 1 percent of the income distribution are 10 times more likely to grow up to be an inventor than those born to parents with incomes below the median, writes John Wu in Innovation Files.
April 23, 2018
Fact of the Week: An American Child Born to Parents in the Top 1 Percent of the Income Distribution is 10 Times More Likely to Grow up to be an Inventor Than a Child Born to Parents With Incomes Below the Median
April 16, 2018
Fact of the Week: The Average Swedish Startup That Survives Into the Sixth Year of Doing Business Creates Less Than One New Job
The average Swedish startup that survives into the sixth year of doing business creates less than one new job, writes John Wu in Innovation Files.
April 16, 2018
While some lawmakers prepared for the high-profile hearings with well thought-out questions, some seemed to misunderstand how social networks and the digital economy works writes Daniel Castro in Innovation Files.
April 12, 2018
Putting a nonprofit in charge of a social media platform like Facebook would decrease the security of consumers’ personal data, damage the digital ecosystem, and ultimately lead to less innovation in online services, leaving consumers worse off.
April 9, 2018
Fact of the Week: Prices Consumers Paid for Wireless Phone and Data Services Dropped 18.6 Percent From 2002 to 2014, Mirroring an 18.4 Percent Decline in Prices for Telecommunications Infrastructure Technologies
When the prices for ICT capital goods decrease, consumers gain in the form of lower prices for ICT services, writes John Wu in Innovation Files.
April 3, 2018
USDA has announced they will not regulate products of gene editing if they could also be produced by conventional breeding. This makes sense but doesn't go far enough writes Val Giddings in Innovation Files.
April 2, 2018
Fact of the Week: ICT-Intensive Firms in Europe Suffered No Productivity Slowdown During the Great Recession While Their Counterparts That Invested Less in ICT Saw Decreases up to 9.5 Percent
ICT-intensive firms in Europe suffered no productivity slowdown during the Great Recession while their counterparts that invested less in ICT did, writes John Wu in Innovation Files.
March 26, 2018
Fact of the Week: Image Recognition Algorithms Decreased Their Error Margin From 30 Percent in 2010 to Less Than 5 Percent in 2016
In 2010, image recognition algorithms outputted a false positive 30 percent of the time, with this error margin decreasing to less than 5 percent by 2016, writes John Wu in Innovation Files.
March 21, 2018
GMOs can save civilization by addressing the major challenges of food security, carbon emissions, and environmental stewardship in a way that benefits farmers, consumers, and biodiversity writes Val Giddings in Innovation Files.
March 19, 2018
Fact of the Week: There Were 74 Industrial Robots per 10,000 Workers Globally in 2016, up From 66 in 2015, a 12 Percent Increase
The global average for industrial robots per 10,000 workers increased to 74 robots in 2016 from 66 robots in 2015, a 12 percent increase, writes John Wu in Innovation Files.