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Innovation policy to restore American prosperity

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  • John Van Reenen

Abstract

The new US administration has the opportunity to reset an economic model that has failed to deliver prosperity for millions of Americans for decades. John Van Reenen calls for a Grand Innovation Challenge Fund - federal funding for research and development to fuel technological innovation and raise productivity growth.

Suggested Citation

  • John Van Reenen, 2021. "Innovation policy to restore American prosperity," CentrePiece - The magazine for economic performance 599, Centre for Economic Performance, LSE.
    • Handle: RePEc:cep:cepcnp:599
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    File URL: https://cep.lse.ac.uk/pubs/download/cp599.pdf
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    Citations

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    Cited by:

    1. Dumont, Michel, 2022. "Public support to business research and development in Belgium: fourth evaluation," MPRA Paper 115418, University Library of Munich, Germany.
    2. Nwankwere Idowu & Worimegbe Powel Maxwell & Owoeye, Oladapo, 2023. "Cognitive Adaptability and Sales Growth of Selected Small and Medium Scale Enterprises in Lagos States, Nigeria," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(10), pages 1680-1692, October.
    3. Giovanna Ciaffi & Matteo Deleidi & Enrico Sergio Levrero, 2022. "The Macroeconomic Impact of Public Spending in Research and Development: An Initial Exploration for G7 and 15 Oecd Countries," Bulletin of Political Economy, Bulletin of Political Economy, vol. 16(1), pages 1-19, June.
    4. Ciaffi, Giovanna & Deleidi, Matteo & Di Bucchianico, Stefano, 2024. "Stagnation despite ongoing innovation: Is R&D expenditure composition a missing link? An empirical analysis for the US (1948–2019)," Technological Forecasting and Social Change, Elsevier, vol. 206(C).

    More about this item

    Keywords

    r&d; innovation; patents; tax system; productivity; growth;
    All these keywords.

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