Austerity measures are being implemented across the nation and around the world, but finding ways to reinvigorate economic growth - high-quality economic growth - needs to be at the top of the policy agenda. How can policymakers stitch together the various elements needed to create a vibrant, innovation-driven economy? It starts with human capital development (both homegrown and foreign-born) and R&D investment. Those priorities have to be combined with the right tax environment, ease of access to early-stage risk capital, the ability to commercialize university and lab research, and a business-friendly ecosystem. What are the best policies for promoting innovation, firm growth and broad-based economic expansion? Which nations have put best practices into action?
Chief Research Officer, Milken Institute
Vice President for Key Partners, Skolkovo Foundation
Founder and President, Social Innovation Park Ltd.; Member of Parliament, Singapore
President and CEO, Margaret Spellings and Co.; President, Forum for Policy Innovation, U.S. Chamber of Commerce; former Secretary, U.S. Department of Education