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Abstract:

CentrePiece article
Innovation policy to restore American prosperity
John Van Reenen
March 2021
Paper No' CEPCP599:
Full Paper (pdf)

CentrePiece 26 (1) Spring 2021


Tags: r&d; innovation; patents; tax system; productivity; growth

The new US administration has the opportunity to reset an economic model that has failed to deliver prosperity for millions of Americans for decades. John Van Reenen calls for a Grand Innovation Challenge Fund – federal funding for research and development to fuel technological innovation and raise productivity growth.