SEARCH: John Van Reenen

Can Innovation Policy Restore Inclusive Prosperity in America?

Overview: US productivity growth¬—the engine of long-run wage growth—has been lackluster for the past decade. Meanwhile, US public investment in research and development (R&D), is near historic lows. Although private sector R&D investment has increased over time private sector funding is insufficient to bring about desired gains in productivity growth and wages. Van Reenen argues […]