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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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Jonathan Levin, Dean of the Stanford Graduate School of Business, talks about his work on a life-saving economic mechanism to promote vaccines, and the challenges of preparing leaders for the fast-changing future.
Professor Mary Gray, Senior Researcher at Microsoft Research, expresses reservations about the effectiveness and equity of a cell phone app aimed to put COVID-19 contact tracing in individuals’ hands.
Professor Erik Brynjolfsson, Director of the MIT Initiative on the Digital Economy, discusses the impact of rapid technological change and public policy with James Pethokoukis on AEI’s Political Economy podcast.
Stanford economist Nicholas Bloom discusses how the current global ‘working remotely’ movement caused by COVID-19 restrictions differs from the benefits he identified in his work-from-home research conducted in 2015.
Competing in the Age of AI, a new book by Harvard business professors Marco Iansiti and Karim R. Lakhani, shows how reinventing organizations around data, analytics, and artificial intelligence (AI) removes traditional constraints that restrict business growth.
TAP scholars danah boyd, Eric Goldman, Evan Selinger, and Joseph Turow share their expertise with a recent Pew Research Center report aimed at learning the potential future effects of people’s use of technology on democracy.
Joshua Gans, Rotman School of Management, introduces his new book, co-authored with Andrew Leigh. Innovation + Equality: How to create a future that is more Star Trek than Terminator examines the relationship between having more equality and more innovation.
Harvard business professor Shane Greenstein discusses some of the factors that machine-learning startups consider in developing their innovative products for commercial value.
In “A Toolkit of Policies to Promote Innovation,” Professors Nicholas Bloom, John Van Reenen, and Heidi Williams present a number of the main innovation policy levers to energize technological innovation.
In the latest issue of The Toulouse School of Economics Magazine, Stanford economist Susan Athey discusses how machine learning is transforming economics.
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Fact Sheets

Health Information Technology

“Health Information Technology” or Health IT encompasses a wide range of hardware and software products used by patients, doctors, pharmacies, hospitals, insurers or other participants in the healthcare ecosystem to process and store data and communications related to health care.

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

A Toolkit of Policies to Promote Innovation

Innovation is an important route to continued productivity growth in the United States. Tax credits for research and development (R&D) are among the best ways to spur innovation. Evidence as to whether the patent system promotes innovation is inconclusive.

By: Heidi Williams, John Van Reenen, Nicholas Bloom