Alex Tabarrok, author of the ebook Launching The Innovation Renaissance: A New Path to Bring Smart Ideas to Market Fast discusses America’s declining growth rate in total factor productivity, what this means for the future of innovation, and what can be done to improve the situation.
Accroding to Tabarrok, patents, which were designed to promote the progress of science and the useful arts, have instead become weapons in a war for competitive advantage with innovation as collateral damage. College, once a foundation for innovation, has been oversold. And regulations, passed with the best of intentions, have spread like kudzu and now impede progress to everyone’s detriment. Tabarrok outs forth simple reforms in each of these areas and also explains the role immigration plays in innovation and national productivity.
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Related Links
Launching The Innovation Renaissance: A New Path to Bring Smart Ideas to Market Fast, Tabarrok
VIDEO: Innovations in Most Fields Are Not Patented, Tabarrok
VIDEO: End Software Patents, Tabarrok
Patent Policy on the Back of a Napkin, Tabarrok
Published on April 30, 2013 03:00