Addressing the Innovation Gap

According to a presentation by Robert Atkinson, President of the Information Technology & Innovation Foundation (ITIF), the United States is now ranked sixth out of forty countries in innovation-based competititveness.  In order to better understand this report, Ideas in Action with Jim Glassman invited three experts to discuss the implications of these findings and ways to reignite the American innovation machine in a program entitled, “Is America Suffering an Innovation Gap?

During the discussion Atkinson argued that in order to overcome this innovation gap, America needs to “focus laser-like on science, technology, engineering, and mathematics (STEM) education.”  Michael Mandel, Editor-In-Chief of Visible Economy LLC, stressed that incremental innovations seen in some sectors of the economy will not be enough to drive economic growth.  Sheryl Schwartz, Chief Operating Officer of Blue Canopy Consulting, cited a number of examples of private sector programs which have bolstered innovation.  While Schwartz struck a more optimistic tone, she also urged the federal government to incentivize innovation and “set bold goals.”

Posted by: Monica Schager

Sources: The Information Technology & Innovation Foundation, Ideas in Action with Jim Glassman

Photo Credit: Ideas in Action with Jim Glassman

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One Response to Addressing the Innovation Gap

  1. Pingback: Innovation in Europe « America and the Global Economy

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