Technology & Innovation

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Ongoing sources of innovation are critical to the well-being of America’s future generations. Innovation and new ideas drive our economy forward, generating economic growth, creating jobs, and expanding economic opportunity. Despite innovation’s importance, however, federal spending on non-defense research and development has declined from 1 percent of GDP in 1965, to just 0.4 percent of GDP today. The Hamilton Project explores innovative proposals to promote and support the next generation of breakthrough technologies, offering opportunities to advance our future competitiveness and benefit American workers.


Related to Technology & Innovation

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The Hamilton Project Policy Response to the State of the Union Address

Papers • January 2012

Last night, President Barack Obama delivered his State of the Union address, putting forth his policy agenda to the 112th Congress on issues. Since its launch in 2006, The Hamilton Project has developed targeted policy proposals that touch on many of these areas, which we offer as a resource to policymakers in response to specific ideas mentioned by the President last evening. 

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Increasing Productivity and Boosting Wages: Is Innovation the Answer?

Papers • August 2011 • Adam Looney, Michael Greenstone

Examining data about the current state of the economy and job growth in June, Michael Greenstone and Adam Looney look at the role innovation could play in aiding the faltering economy by increasing productivity, boosting wages, and improving the quality of life for American families.

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A Dozen Economic Facts About Innovation

Papers • August 2011 • Adam Looney, Michael Greenstone

During the last century, medical, technical, and business  innovations have driven economic growth, increased wages, and improved living standards in the United States.  In recent years, however, those gains have stagnated.  The Hamilton Project examines the role of innovation in driving the U.S. economy, including its historical importance, the current pace of growth, and opportunities for investments to benefit America’s future.

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An Energy Technology Corporation Will Improve the Federal Government’s Efforts to Accelerate Energy Innovation

Papers • May 2011 • John M. Deutch

John M. Deutch proposes a series of best practices for government support of U.S. technology demonstration and a new institution, the Energy Technology Corporation, that would be responsible for managing and selecting technology demonstration projects.

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Creating 21st Century Jobs: Increasing Employment and Wages for American Workers in a Changing World

Papers • December 2010

In this paper, the Center for American Progress (CAP) and The Hamilton Project (THP) outline three proposals to help address the long-run imperative of creating jobs and improving wages in the United States.

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From Recession to Recovery to Renewal: An Economic Strategy to Achieve Broadly Shared Growth

Papers • April 2010 • Roger C. Altman, Michael Greenstone, Robert E. Rubin

This paper argues that we must confront the challenges that pose a greater risk to our long-run prosperity than the Great Recession. America’s future growth requires reprioritizing expenditures toward increasing workforce productivity, innovation and infrastructure, savings, and government effectiveness.

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A U.S. Innovation Strategy for Climate Change Mitigation

Papers • December 2008 • Richard G. Newell

Two market problems in addressing climate change are lack of private incentive to reduce greenhouse gas emissions and underinvestment by industry in R&D. This proposal addresses these issues through permanent R&D tax credits and support for research institutions. 
 

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Bringing Broadband to Unserved Communities

Papers • July 2008 • Jon M. Peha

Jon M. Peha outlines policies through which government could facilitate the expansion of broadband infrastructure into unserved communities. He argues that these policy reforms would move America closer to the goal of universal access to broadband Internet.

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The Untapped Promise of Wireless Spectrum

Papers • July 2008 • Philip J. Weiser

Philip J. Weiser argues that our spectrum policy has failed to facilitate an optimal and efficient use of this important resource. He identifies a new direction for spectrum policy reform to catalyze more efficient uses of spectrum.

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An Education Strategy to Promote Opportunity, Prosperity, and Growth

Papers • February 2007 • Jason E. Bordoff, Jason Furman

To better secure the benefits of education, this paper outlines an evidence-based education strategy that emphasizes new investments in some areas (such as early education) and structural reforms in others (such as the teacher tenure system).

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Productivity and Compensation in the United States

August 5, 2011 • Charts

In the past 40 years, as the pace of innovation has slowed, American workers have experienced lower growth rates of productivity and compensation.

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Deaths from Major Infectious Disease

August 5, 2011 • Charts

Technological and medical innovations have drastically reduced the mortality rate and increased life expectancy in the United States

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Post-Secondary Degrees Awarded in Science, Technology, Engineering, and Math (STEM) Fields

August 5, 2011 • Charts

The United States lags far behind other countries in training students in the STEM fields that advance scientific and technological innovations.

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Cost of Computing Power Equal to an iPad2

August 5, 2011 • Charts

Since the advent of computers, consumers have enjoyed greater bang for their buck as computers have become increasingly powerful.

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The Importance of Research and Development (R&D) for U.S. Competitiveness and a Clean Energy Future

July 27, 2010 • Michael Greenstone

Michael Greenstone's recent testimony before the Joint Economic Committee on the importance of Research and Development (R&D).

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PhDs, Policies, and Patents:  Innovation and America’s Future

June 28, 2011 • Washington, DC

What new breakthrough sciences and technologies are next on the horizon for the U.S. economy, and what role can policy play in creating a positive environment to promote innovative developments? On June 28, The Hamilton Project at Brookings hosted a forum on the future of innovation in the United States which explored the challenges to, and opportunities for, furthering advancements to create jobs and spur economic growth.

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Investing in America’s Infrastructure: From Bridges to Broadband

July 25, 2008 • Washington, DC

Governor Tim Kaine joined Robert E. Rubin and Lawrence H. Summers in the opening session of a Hamilton Project public forum on the need for a national strategy that promotes infrastructure as a central component of long-term, broadly shared growth.

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Promoting Opportunity and Growth Through Science, Technology, and Innovation

December 5, 2006 • Washington, DC

The Hamilton Project convened a policy discussion to examine the importance of science and technology to meeting the challenges of the 21st Century and introduced proposals to enhance U.S. expertise and competitiveness in these areas.

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Productivity and Compensation in the United States

August 5, 2011 • Charts

In the past 40 years, as the pace of innovation has slowed, American workers have experienced lower growth rates of productivity and compensation.

charts Icon

Deaths from Major Infectious Disease

August 5, 2011 • Charts

Technological and medical innovations have drastically reduced the mortality rate and increased life expectancy in the United States

charts Icon

Post-Secondary Degrees Awarded in Science, Technology, Engineering, and Math (STEM) Fields

August 5, 2011 • Charts

The United States lags far behind other countries in training students in the STEM fields that advance scientific and technological innovations.

charts Icon

Cost of Computing Power Equal to an iPad2

August 5, 2011 • Charts

Since the advent of computers, consumers have enjoyed greater bang for their buck as computers have become increasingly powerful.

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PhDs, Policies, and Patents: Obstacles and Opportunities for American Science and Innovation

June 28, 2011 • Video

Hamilton Project Director Michael Greenstone moderates a panel discussion between Stanford Professor Tim Bresnahan, Chief Technology Officer of the United States Aneesh Chopra, George Mason Professor Tyler Cowen, and Silver Lake Co-Founder and Co-Chief Executive Glenn Hutchins on challenges facing American innovation.

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PhDs, Policies, and Patents: A Path Forward — The Future of Innovation in the United States

June 28, 2011 • Video

U.S. Economics Editor for The Economist Greg Ip moderates a panel discussion between Founding Director of the Broad Institute of MIT and Harvard, Eric Lander, and former U.S. Treasury Secretary Lawrence H. Summers on possible roads forward for American innovation policy.
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PhDs, Policies, and Patents: Welcome and The State of Scientific America

June 28, 2011 • Video

Robert E. Rubin opens the Hamilton Project event PhDs, Policies, and Patents: Innovation and America’s Future. CNN Science Correspondent Ann Kellan moderates the first panel, a conversation between National Institutes of Health Director Francis S. Collins and MIT Professor Angela Belcher on innovation and advancements in American science.

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PhDs, Policies, and Patents: Innovation and America’s Future Photos

June 28, 2011 • Photo Galleries

Innovation and invention drive the American economy, from the light bulb and mass production of automobiles to more recent advances like the smartphone and the coordinated effort to map the human genome. But what new breakthrough sciences and technologies are next on the horizon, and what role can U.S. policy play in creating a positive environment to promote innovative developments? On Tuesday, June 28, The Hamilton Project at Brookings hosted a forum on the future of innovation in the United States — exploring the challenges to, and opportunities for, furthering advancements to create jobs and spur economic growth.

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PhDs, Policies, and Patents: Remarks on President Obama’s Regulatory Review Process

June 28, 2011 • Audio

Full audio of OIRA Administrator Cass Sunstein's remarks on President Obama’s Regulatory Review Process from the event  PhDs, Policies, and Patents: Innovation and America's Future.

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PhD’s, Policies, and Patents: Panel 3: A Path Forward — The Future of Innovation in the U.S.

June 28, 2011 • Audio

Full audio of Panel Three: "A Path Forward — The Future of Innovation in the U.S." from the event PhD's, Policies, and Patents: Innovation and Amerca's Future.

Hamilton Project Updates

A periodic newsletter of events, policy briefs, and working papers from The Hamilton Project.