The Demographics of Innovation in the United States
Behind every technological innovation is an individual or a team of individuals responsible for the hard scientific or engineering work. Behind each of these innovators are an education and a set of experiences that impart the requisite knowledge, expertise, and opportunity. These scientists, engineers, entrepreneurs, and managers drive technological progress by creating innovative new products and services that raise incomes and improve quality of life.
Contributors and Detractors: Ranking Countries’ Impact on Global Innovation
More innovation will be the determining factor in achieving greater progress. Countries’ economic and trade policies can either help or hurt global innovation. For example, policies such as robust investment in and tax incentives for scientific research and education support global innovation. In contrast, policies such as export subsidies or forced localization harm global innovation. If nations increased their supportive policies and reduced their harmful policies, the rate of innovation worldwide would significantly accelerate. This report assesses countries on the extent to which their economic and trade policies either constructively contribute to or negatively detract from the global innovation system.