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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Quotes

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
Source: The Economic Times
February 20, 2021

Think that working from home is here to stay? Think again

"People at home know they will miss out on crucial post-meeting huddles that only those in the office can have"…there is another thing that he says managers are even more worried about: a looming “discrimination crisis” if workers are allowed to work at home as often as they please. — Nicholas Bloom, Professor of Economics, Stanford University
Nicholas Bloom
Source: The Irish Times
February 15, 2021

The Reality Behind Biden’s Plan to Legalize 11 Million Immigrants

Opening a pathway to citizenship for nearly 11 million people, seven to eight million of whom participate in the labor force, is tantamount to “an economic stimulus,” — Giovanni Peri, Professor of Economics, University of California, Davis
Giovanni Peri
Source: The New York Times
January 27, 2021

Leading In 2021: 5 Key Business Trends And 15 Companies To Watch

Nicholas Bloom, a remote work expert at Stanford, supports the hybrid approach, recommending that leaders let employees work from home one to three days a week once the pandemic ends. — Nicholas Bloom, Professor of Economics, Stanford University


Nicholas Bloom
Source: Forbes
December 21, 2020

Not even a pandemic can break rich cities’ grip on the U.S. economy

A more diffuse job market might reduce the political polarization between urban and suburban populations and more rural communities. — Nicholas Bloom, Professor of Economics, Stanford University


Nicholas Bloom
Source: The Washington Post
October 15, 2020

Do Algorithms Erode Our Ability to Think?

“If you want to know when social media companies are trying to manipulate you into disclosing information or engaging more, the answer is always.” — Woodrow Hartzog, Professor of Law and Computer Science, Northeastern University


Woodrow Hartzog
Source: Cosmos Magazine
October 12, 2020

Covid Won’t Bring Back the Mobile American

Most workers want a mix of in-person and work from home, and the evidence also suggests that such a mix is what optimizes productivity. — Nicholas Bloom, Professor of Economics, Stanford University


Nicholas Bloom
Source: Bloomberg
October 6, 2020

Small Tech Stocks Soar as the Future Arrives Early

“When it comes to remote work in particular, the past 10 weeks have seen more changes than we’ve seen in the previous 20 years. We haven’t seen anything like it since World War II” — Erik Brynjolfsson, Director, Digital Economy Lab at Stanford University


Erik Brynjolfsson
Source: The New York Times
September 17, 2020

The Future of the Office: Covid-19 Has Forced a Radical Shift in Working Habits

They found that those who worked from home were more productive (they processed more calls). One-third of the increase was due to having a quieter environment. The rest was due to people working more hours. Sick days for employees plummeted. — Nicholas Bloom, Professor of Economics, Stanford University
Nicholas Bloom
Source: The Economist
September 12, 2020

App-Based Contact Tracing Has Been a Bust. Apple Wants to Try Something New.

“I don’t know that adoption is going to be good enough nor even that adoption is the biggest hurdle. Absent a real sea change in the way that we address the disease, [native support] is not likely to overcome the problems.” — Ryan Calo, Professor of Law, University of Washington
M. Ryan Calo
Source: Slate
September 10, 2020
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TAP Blog

Go Big on Skilled Immigration

In their latest missive, Dean Matthew Slaughter and coauthor Matthew Rees underscore how unnecessarily costly America’s too-restrictive skilled-immigration policy is.

Matthew J. Slaughter and Matthew Rees

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.

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