Though we live in an era of rapid innovation, the United States has introduced comparatively few commercial innovations within the past decade. Innovation shortfall contributes to weaker trade performance, decreased productivity growth, lower wages and many other economic woes. This study...

The race for global innovation advantage -- Explaining U.S. economic decline -- Learning from the wrong masters: lessons from UK industrial decline -- Why do so many refuse to see U.S. structural economic decline? -- What are innovation and innovation policy and why are they important? --...

Though we live in an era of rapid innovation, the United States has introduced comparatively few commercial innovations within the past decade. Innovation shortfall contributes to weaker trade performance, decreased productivity growth, lower wages and many other economic woes. This study...

" ... delivers a critical wake-up call: a fierce global race for innovation advantage is under way, and while other nations are making support for technology and innovation a central tenet of their economic strategies and policies, America lacks a robust innovation policy. What does this...

Cover -- Contents -- 1 The Race for Global Innovation Advantage -- 2 Explaining U.S. Economic Decline -- 3 Learning from the Wrong Master: Lessons from U.K. Industrial Decline -- 4 Why Do So Many Refuse to See U.S. Structural Economic Decline? -- 5 What Are Innovation and Innovation Policy and...