The federal government should take aggressive steps to spur the development of more tech hubs in America’s heartland by identifying promising metro areas and helping them transform into self-sustaining innovation centers.
Tax incentives can play an important role in accelerating the innovations needed for a low-carbon future, but only if the incentives reward innovators rather than support well-entrenched incumbents.
Using the eCl@ss Standard as an example, innovations are increasingly generated through networked research and cooperation that transcends company, industry and national boundaries.
The maxim “you can’t manage what you can’t measure” has never been so relevant. The failure to effectively leverage data has undoubtedly cost many lives and caused severe social and economic damage to communities ravaged by opioid addiction.
This report presents a definition of large knowledge-intensive investments (LKI). It then surveys research on the drivers as well as effects of LKI, and provides conclusions with regards to the conditions for, and role of, public policy in promoting such investments. The purpose is to provide the Swedish government with evidence and knowledge to support and develop the government’s work on supporting innovation and structural change of businesses in Sweden. What are large knowledge-intensive investments and why are they important?
Policymakers should encourage financial innovation by using regulatory processes and approaches that promote flexible oversight, including stakeholder engagement, coordination, experimentation, alternative supervision, and regtech.
Restrictive rules holding back innovation in the financial sector should be updated to bolster Canada’s productivity. The authors examine the contribution of the financial services sector to Canada’s productivity growth and find it has been underwhelming, considering its potential.
The India Innovation Index examines the innovation ecosystem of Indian states and union territories. The objective of the Index is to help policymakers design policies aimed at driving innovation across regions. For a country as large as India, the state of innovation needs to be understood at the regional level for effective policy formulation.
The use of robotics will increase productivity and has the potential to bring more manufacturing production work back to developed countries. As productivity increases, labor is likely to receive a significant share of the benefits.
Canada lags behind other developed nations when it comes to innovation. From declining investments in research and development to a lack of competitive productivity, our economy seems to show clear symptoms of “innovation sickness.”