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.

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TAP Blog

Erik Brynjolfsson and colleagues share findings from a study that looked at the impact of the coronavirus pandemic on remote work.
Professors Geoffrey Parker, Dartmouth College, and Marshall Van Alstyne, Boston University, share insights into why some platform-based businesses have been able to pivot and thrive amidst the COVID-19 restrictions while others flounder.
Economists Susan Athey, Stanford, and Daron Acemoglu, MIT, will be testifying at today’s House Budget Committee hearing on artificial intelligence and the workforce.
This guest post emphasizes that while emerging technologies such as natural language processing and machine learning promise to make public sector services more efficient, they also pose ethical challenges in implementation.
In “The Allocation of Decision Authority to Human and Artificial Intelligence” economists Susan Athey, Kevin Bryan, and Joshua Gans share an analysis of how humans and artificial intelligence could work effectively together in the decision-making process.
Stanford economist Nicholas Bloom has studied working-from-home (WFH) and its impact on employees, firms, and societies for many years. In this article, he presents new results from a US survey on WFH during the coronavirus pandemic.
MIT economics professor Daron Acemoglu discusses the policies in place that support companies’ choices to increase automation, and he outlines a course of action for policy reforms and technology development that could benefit workers of all skills and backgrounds.
Mary L. Gray, faculty associate at Harvard University’s Berkman Klein Center for Internet and Society and a Senior Researcher at Microsoft Research, calls out the tech sector for exacerbating “the systemic racism and health disparities that have given the pandemic its grotesque shape in our country — because they ignore them.”
Harvard Business School professor William Kerr shares insights from recent research on business leaders’ views about high-skilled immigration.
University of Washington law professor Ryan Calo and his colleagues Ashkan Soltani (independent privacy researcher and technologist), and Carl Bergstrom (University of Washington biology professor) delved into the feasibility of whether contact-tracing apps can be effective and safeguard individuals’ privacy.
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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.

Quote

Remote work is a leveller — location doesn't matter. Only your internet does

So, people can end up working in silos, growing weaker at making new connections, which are actually very helpful in innovation. Unless we figure this out, there could be a long-run problem with innovation slipping.  — Nicholas Bloom, Professor of Economics, Stanford University
Nicholas Bloom
The Economic Times
February 20, 2021

Featured Article

Demographics and Automation

Some predict that economic growth will slow in countries with rapidly aging populations. But data shows that firms respond to scarcity of middle-aged workers by automating. These firms become more productive.

By: Daron Acemoglu, Pascual Restrepo