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.

TAP Blog

Erik Brynjolfsson: Racing with the Machine Beats Racing Against the Machine

In these evolving times of machine learning and artificial intelligence, MIT economist Erik Brynjolfsson explains that he is optimistic about the future because he sees how machines can serve as powerful tools and partners.

TAP Staff Blogger

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.

Quote

Trump Begins Dismantling Obama Financial Regulations

"It makes me nervous. Hopefully we won't have another 2008, but tearing up the rules of the road is not a good start." — Austan Goolsbee, Professor of Economics, University of Chicago

Austan Goolsbee
CNN
February 3, 2017

Featured Article

The Big Data Boom Is the Innovation Story of Our Time

This article provides a lay summary of recent developments in business uses of big data sets.

By: Erik Brynjolfsson, Andrew McAfee