How the U.S. Government Falters on Support for Innovation

September 10, 2019

If the U.S. economy is to regain its international competitiveness, especially vis-à-vis China, it will have to accelerate innovation, including in advanced-industry production. There is a growing consensus from both Democrats and Republicans that the federal government needs to play a stronger role in that process. So how is the federal government doing? Not so well, if you think that government needs to approach innovation success in a similar way as the most innovative corporations.