Still Full of Ideas, but Not Making Jobs; Innovation  

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Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 399 no. 8731 (Apr. 2011), page 36-38.
Topik: Innovations; Research & Development--R&D; Competitive Advantage; Productivity; Statistical Data; Employment; Manufacturing

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Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.66 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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The notion that America is on the verge of being vanquished by cleverer, more innovative competitors is flawed. First, competitiveness is a woolly concept that wrongly supposes countries, like football teams, win only when another team loses. But one country's economic growth does not subtract from another's. America's ability to innovate and raise productivity remains reasonably healthy. The problem is that the benefits of that innovation and productivity have become so narrowly concentrated that workers' median wages have stagnated. Long-term productivity growth will be more modest, and its rate will depend on investment, human capital and innovation. The real problem for America is not its innovative capacity, but the fact that its benefits go to relatively few.

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