Using Pro-Growth Public Policy to Create a Real Strategy for American Innovation
Increasingly, policymakers are focused on entrepreneurial innovation as a key to unlocking higher levels of economic growth. With the economy still functioning at a sub-par level and the unemployment rate a stagnant 9 percent, many people believe that only heightened entrepreneurial activity can get America moving again. President Obama shares this viewpoint, and legislative bodies at all levels have been intensifying their focus on this policy. However, what is the role of government in nurturing innovative products, services, and business ideas? Is government, through its banking and regulat...