1,721,103 research outputs found
Innovation and human capital policy
If innovation is to be subsidized, a natural place to start is to increase the quantity and quality of human capital. Innovation, after all, begins with people. Simply stimulating the “demand side” through R&D subsidies and tax breaks may only drive up the price, rather than the volume of research activity. By contrast, increasing the supply of STEM human capital can both directly increase innovation and reduce its cost. This chapter examines the evidence on alternative human capital policies for innovation including expanding the homegrown workforce, fostering immigration, boosting universities and reducing barriers to entry into inventor careers, especially for underrepresented groups. We argue that targeting high ability but disadvantaged potential inventors at an early age will have the largest long-run effects
Recommended from our members
In a world without borders ::the impact of taxes on Internet commerce /
Keynote address
High-level industry leaders, policy experts, investors, and public officials, along with citizens and the media, will gather in Nevada for a day-long summit hosted by the Center for American Progress Action Fund, Senate Majority Leader Harry Reid (D-NV), and the University of Nevada, Las Vegas. National Clean Energy Summit 3.0: Investing in American Jobs, the third annual summit, will bring together top minds to chart the course for our nation’s clean energy future
Recommended from our members
What happens when you tax the rich? ::evidence from executive compensation /
- …
