In this study, we quantify the role of foreign-born founders in high-tech entrepreneurship in a nationally representative sample of rapidly growing high-impact companies. This class of companies drives job creation and aggregate growth in the U.S. We find that, while most previous studies have...

Globalization now extends beyond markets for goods and finance into markets for technology, knowledge workers, and innovation finance. This paper asserts the existence of a widening gap between the rapidly growing global knowledge economy and the woefully inadequate institutional framework that...

In this study, we quantify the role of foreign-born founders in high-tech entrepreneurship in a nationally representative sample of rapidly growing "high-impact" companies. This class of companies drives job creation and aggregate growth in the U.S. We find that, while most previous studies have...

This paper analyzes Hong Kong's talent pool. We describe stocks and flows of several key human resource indicators, both general and specialized to science and technology. We find that Hong Kong's working population is acquiring the skills and knowledge required to support innovation fairly...

The political theory of the firm provides the conceptual framework for understanding what firms are doing and what it means for the polities in which they operate. This essay proceeds by explicating each of the three theories – unitary rational actor, nexus of contracts, and behavioral. Within...

The United States needs an integrated national strategy to address the twin challenges of bolstering its manufacturing sector and averting climate change. Timely federal RD&D and deployment policies targeted to specific manufacturing industries could create comparative advantage, expanding...

The United States’ strong support for energy research and development (R&D) should position it well to lead the global energy transition. But the United States has difficulty moving new technologies from early discovery to scale. This gap in the nation’s energy innovation system could put...

This report begins by articulating why public funding of demonstration projects is necessary in principle, and then briefly reviews the federal record in practice. Next, it describes the portfolio needed to drive forward on deep decarbonization, which will require the federal government to...