
Public money, private innovation: How government funding built – and sustains – America’s technological leadership
The US has long been the world’s innovation powerhouse, based on a system that combines public funding with private

The US has long been the world’s innovation powerhouse, based on a system that combines public funding with private

Access to finance is an important driver of innovation in developed countries. This studies a 2006 reform in India

Generative AI is being adopted more rapidly than previous digital technologies and has the potential to deliver meaningful productivity

China uses a wide array of industrial policies, such as subsidies and regulations, to promote strategic economic sectors. This

Predicting financial market stress is a significant challenge, as traditional models often fail to capture complex and nonlinear dynamics.

AI and other data-intensive technologies may help optimise energy use, but the technologies themselves are power hungry. This column

For decades, East Asia has been a paragon of economic dynamism. But today, in an era of rapid global

It is often argued that returns to R&D are low in developing countries, making imported technologies a better path

Philippe Aghion and Peter Howitt have been jointly awarded the 2025 Nobel Prize in Economic Sciences with Joel Mokyr

A key debate surrounding export controls is whether they accelerate innovation in targeted rivals. This column studies this question

The US has long been the world’s innovation powerhouse, based on a system that combines public funding with private

Access to finance is an important driver of innovation in developed countries. This studies a 2006 reform in India

Generative AI is being adopted more rapidly than previous digital technologies and has the potential to deliver meaningful productivity

China uses a wide array of industrial policies, such as subsidies and regulations, to promote strategic economic sectors. This

Predicting financial market stress is a significant challenge, as traditional models often fail to capture complex and nonlinear dynamics.

AI and other data-intensive technologies may help optimise energy use, but the technologies themselves are power hungry. This column

For decades, East Asia has been a paragon of economic dynamism. But today, in an era of rapid global

It is often argued that returns to R&D are low in developing countries, making imported technologies a better path

Philippe Aghion and Peter Howitt have been jointly awarded the 2025 Nobel Prize in Economic Sciences with Joel Mokyr

A key debate surrounding export controls is whether they accelerate innovation in targeted rivals. This column studies this question




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