Policy Brief

By / 11.16.2016

Japan has the potential to play a key role in the next global economic boom, which will be based around the application of new mobile networks to physical industries such as manufacturing and transportation to boost consumer welfare, and increase productivity, real wages and job growth. Indeed, Prime Minister Shinzo Abe’s emphasis on structural reform […]

By and / 11.16.2016

The introduction of Apple’s iPhone in 2007 initiated a profound and transformative new economic innovation. Today, less than a decade later, there are 4 billion smartphone subscriptions globally, an unprecedented rate of adoption for a new technology. Mobile data usage is rising at 55% per year, a stunning number that shows its revolutionary impact. More […]

By and / 10.13.2016

All around the world we are seeing the rise of the App Economy— jobs, companies, and economic growth created by the production and distribution of mobile applications (“apps”) that run on smartphones. Since the introduction of the iPhone in 2007, the App Economy has grown from nothing to a powerful economic force that rivals existing industries.1 In this paper we […]

By and / 8.25.2016

All around the world we are seeing the rise of the App Economy—jobs, companies, and economic growth created by the production and distribution of mobile applications (“apps”) that run on smartphones. Since the introduction of the iPhone in 2007, the App Economy has grown from nothing to a powerful economic force that rivals existing industries. […]

By and / 5.13.2016

All around the world we are seeing the rise of the App Economy—jobs, companies, and economic growth created by the production and distribution of mobile applications (“apps”) that run on smartphones. Since the introduction of the iPhone in 2007, the App Economy has grown from nothing to a powerful economic force that rivals existing industries. […]

By and / 5.11.2016

The U.S. Supreme Court has put President Obama’s Clean Power Plan on hold while lower courts review challenges to the regulation. The ruling is a setback to Obama’s hopes of bypassing a hostile Republican majority in Congress and using his executive authority to require electric utilities to make big reductions in carbon emissions. At last […]

By and / 12.10.2015

This policy brief reports the top 25 tech counties in the country, based on the 2015 PPI Tech/Info Job Index. The top three counties are in the Bay Area—first is San Francisco Country, followed by Santa Clara County (Silicon Valley), and San Mateo County. Travis County, home of Austin, Texas, takes fourth place, with Utah […]

By and / 12.10.2015

Economists and policymakers are always lauding innovation. In its purest form, innovation is like a free lunch: it boosts growth and incomes, creates good jobs, and opens up new possibilities for social reform and social mobility. Today, innovation is needed more than ever. Productivity growth has been slowing in recent years. The 10-year growth rate […]

By / 11.20.2015

With the release of the full text of the Trans-Pacific Partnership (TPP), America now has an important—and extensive—opportunity to review the agreement’s actual terms. Critics are certain to reprise old arguments, including those that blame trade for economic disruptions whose origins often lie elsewhere. And they’ll offer newer criticisms, including the claim that TPP isn’t […]

By and / 10.9.2015

This policy brief examines the positives and negatives of the patent/IP/ innovation box. This issue is increasingly relevant given the OECD’s recent release of new principles governing the global tax system. On October 5, the OECD released the final reports of their Base Erosion and Profit Sharing (BEPS) Project. The comprehensive recommendations in the reports […]