Economist Lisa Cook, an old friend of the Indicator, is back with a new study that offers ideas for how to make the U.S. economy more innovative and more inventive — by first making it more inclusive.
"Since the 1960s," Cook writes, "both women and underrepresented minorities have earned an increasing share of bachelor's degrees and advanced degrees in fields most associated with invention—the STEM (science, technology, engineering, and mathematics) fields. Yet, we do not observe a similar increase in patenting activity among these groups."
This underrepresentation in the innovation economy has contributed not just to racial and gender income gaps, but to stifling productivity growth for the whole economy.
On today's Indicator, Lisa Cook shares with us her three ideas for how to fix this innovation gap.
-- "Policies to broaden participation in the innovation process"
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