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Panel two - Matthew Keller

Matthew Keller, Southern Methodist University

Presentation summary

  • US government has played and still plays large role in innovation economy
  • Two trends in innovation
    • “Networked” innovation/production among private firms
    • Post 1980s: Increase of decentralized funding apparatus at the federal level
  • US excels at innovative ideas but production moved to offshore
    • ARRA effort to increase domestic production capacity
  • Policy suggestions: build upon existing innovation strengths and redefine performance indicators to better measure the innovative climate