For all its evident benefits, China’s “gift” of cheap solar panels imposed costs as well. Most critics of China have focused on the global distribution of manufacturing jobs created by the growth of the solar industry. An even more significant impact, though, has been overlooked: a change...

Highly-skilled people are among the most valuable factors of production in the contemporary world economy. Some have characterized the competition among nations for these people as a “brain drain” or “war for talent” that imposes significant costs on the countries of emigration. However,...

Energy innovation offers us our best chance to solve the three urgent and interrelated problems of climate change, worldwide insecurity over energy supplies, and rapidly growing energy demand. But if we are to achieve a timely transition to reliable, low-cost, low-carbon energy, the U.S. energy...

This paper advances a friendly critique of the national systems of innovation approach and offers some suggestions for its future development. I argue that the approach has difficulty accounting for bounded change in national systems. I review three recent changes in the U.S. innovation system -...

"Entrepreneurial" economic development strategies at the state level in the United States, which focus on nurturing home-grown, high-growth businesses, lack immediate payoffs for politically powerful constituencies, a condition that would seem likely to limit their appeal compared to the...

This article reports the results of a national survey that estimates the rate of immigrant entrepreneurship in a representative sample of high-impact firms in high-technology industries in the United States. The authors report key descriptive statistics about the companies and their founders....