U.S. Government Urged to Boost Technology R&D

May 28, 2019

Speaking to chief information officers and other senior technology officials at the MIT Sloan CIO Symposium, Mr. Johnson said the drop in federal research-and-development funding is one of the key drivers behind declines in U.S. productivity growth, which has averaged 1.3% a year for the past decade, down from 2.8% a year in the decades before 1970.