“What’s driving productivity differences over time and across firms and sectors?” Papanikolaou asks. “People say, ‘Oh, it’s innovation, technological change.’ But we don’t have great measures of those things. That’s what motivated our research.” With collaborators Bryan Kelly of Yale, Amit Seru of Stanford, and Matt Taddy of Amazon, Papanikolaou drew on an enormous database of U.S. patents to develop a novel measure of innovation.
With the shutdown behind us we are back to normal.... or perhaps the new normal. There are still many challenges ahead as well as some interesting new opportunities. Your going to see the word "Pitch" applied in some new and stunning ways in SBIR. Let's get to it.
Hayman Capital Management founder Kyle Bass thinks any trade deal with China must include enforcement mechanisms against intellectual property theft for the U.S. to truly benefit from it. “Over the last decade, they’ve stolen $2-to-$3 trillion in IP from us. The U.S.′ No. 1 asset, in my view, is our ingenuity, our intellectual property, our ability to innovate...
While curbing the openness of the U.S. economy may serve the United States well when playing defense, it puts the country at a severe disadvantage when trying to supercharge its own technological innovation. Managing these competing interests will require the Trump administration to wield a scalpel, not a sledgehammer: a nuanced, multifaceted policy that safeguards the three primary pillars of the innovation ecosystem--investment, people, and goods--while emplacing sensible restrictions to protect U.S. national security when necessary.
“Traditionally we think of a simple paradigm that you satisfy your customers and you provide good value and you will be rewarded with their loyalty and capture market share. What we are finding is that is not enough,” said Charles L. Colby, chief methodologist and founder of Rockbridge Associates, in an exclusive interview with R&D Magazine.
The FY 2019 federal budget was completed last week, finalizing funding for commerce, science and small business agencies. Most programs supporting innovation activities received the same funding as in FY 2018, although Regional Innovation Strategies will have $23.5 million, an increase of $2.5 million, for the current award solicitation.
Sen. Marco Rubio (R- FL) released a new report on the need for American innovation to bolster the U.S. economy. The report, called “Made in China 2025 and the Future of American Industry,” cites the importance of combatting Chinese efforts to dominate global innovation and manufacturing. It also discussed the importance of government programs like the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) toward fostering U.S. innovation.
“I would say that railgun is kind of the case study that would say ‘This is how innovation maybe shouldn‘t happen,‘” the chief of naval operations, Adm. John Richardson, the Atlantic Council. “It‘s been around, I think, for about 15 years, maybe 20. So ‘rapid’ doesn‘t come to mind when you’re talking about timeframes like that.”
The human race has in a relatively short period of time traveled a path of innovation that took us from making fire and stone-tipped arrows on the plains of Africa to building smartphone apps and autonomous robots worldwide. Technological progress is not only continuing but is arguably accelerating, especially in areas that could quickly change the way we work, live, and survive in the coming decades.