Issues

Innovation and Economic Growth

Researchers today are trying to understand how information technology affects innovation, productivity, and economic growth while studying the impact of political and legal ground rules. Academics featured here are looking at the potential to create jobs and keep policymakers aware of emerging trends in technology.

Featured Article

Internet Architecture and Innovation

This book analyzes the architecture of the internet, how it fosters innovation, and what that suggests for the future.

By: Barbara van Schewick

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Fact Sheets

Innovation

Innovation is a word used to describe new ideas and inventions that have impact – impact to consumers, to markets, to industries, to the economy as a whole, and even to society and culture.

TAP Blog

Economic Analysis of the Digital Economy

Professor Shane Greenstein offers a look into the Economic Analysis of the Digital Economy, a recently published volume in the National Bureau of Economic Research Conference Report series that he co-edited with Avi Goldfarb and Catherine E. Tucker. This volume presents insights on the functioning and impact of the digital economy.

Shane Greenstein

Quote

Mutual Funds' Dark Side

"One question is whether the managers of institutional firms are directing the managers of the firms they own not to compete over price. If so, this is a violation of the antitrust laws, and the Department of Justice should investigate." — Eric Posner, Professor of Law, University of Chicago; Glen Weyl, Economist and Microsoft researcher

Eric Posner
Slate
April 16, 2015