The National Bank of Belgium has found that the average marginal return on every dollar of IT investment is $1.38, or 38 percent, which is significantly more than previously estimated, and that differences in firms’ levels of IT investments explain 10 percent of the differences in their productivity.
December 17, 2018
December 14, 2018
The federal government invests approximately $121 billion per year funding research and development (R&D) in everything from agriculture to health, defense, energy, and a host of other areas.
December 13, 2018
The reduced tax generosity toward R&D will cost the U.S. economy, because R&D is an important component of national competitiveness and higher living standards.
December 10, 2018
Between 2006 and 2016, the U.S. economy grew at an anemic rate of 1.4 percent, due in large part to the 2007-09 recession. But new statistics from the Bureau of Economic Analysis highlight a bright spot, providing evidence that an outsized portion of overall growth has come from the digital economy, which grew at 5.2 percent annually.
December 3, 2018
Fact of the Week: A 50-Year-Old is 1.8 Times More Likely to Create a Highly Successful Firm than a 30-Year-Old
There is the perception that youth is key for start-ups, especially in high-tech sectors. But an analysis of the 2.7 million founders who started companies that hired at least one employee between 2007 and 2014 gives reason to doubt that popular perception.
December 3, 2018
The United Kingdom shows that dynamic injunction orders and the use of technology together can help combat the piracy of live sporting events through set-top boxes.
November 26, 2018
Fact of the Week: The Least Profitable Firms Among the World's Largest Companies Have Higher Labor Productivity and Lower Fixed Capital Productivity than the Most Profitable Firms
There are nearly 6,000 firms with revenues exceeding $1 billion, representing nearly two-thirds of global corporate earnings. The 10 percent of those firms with the largest profits produce 80 percent of the group’s total earnings. A new study has found that firms in the top 1 percent outperform the median firm across the board, with 20 times more revenue, 12 times more employees, 2.9 times more R&D intensity, 23 percent more labor productivity, and 14 percent more fixed capital productivity.
November 19, 2018
Fact of the Week: Venture Capital Invested in EU Technology Firms Has Fallen by More Than 50 Percent Since GDPR
Despite some wishful thinking by its proponents, it was widely predicted that GDPR would hamper European technology firms’ ability to compete globally. A recent study has validated that prediction.
November 13, 2018
Fact of the Week: Firms With Highest R&D Spending Contribute to More Than 27 Scientific Publications Per Year
A new study has found that the 2,500 firms with the largest R&D expenditures contributed more than 300,000 scientific publications from 2011 to 2015, which is comparable to the academic output of France.
November 9, 2018
It has become widely accepted in the last several years that there has been a massive increase in income inequality in America, said to be behind the rise of populism on both the right and the left. It’s a compelling narrative, but is it borne out by evidence or simply accepted as true because it is a constant refrain?