Posts Tagged: productivity


Economic Consequences of the Patent Crisis

The Fed has been oblivious to the mechanisms of market economics and technology investment driven by the degradation of patent rights in recent years. While the Fed …
By Neal Solomon
2 years ago 0

Policy Solutions to Repair the US Patent System and Restore Productivity Growth

The declines in productivity growth in recent years are undisputed. There is some controversy over the causes of these declines, particularly, the sources of the declines in …
By Neal Solomon
3 years ago 4

Connecting the Dots of a Weak Patent System and Productivity Growth Decline

Technology transfer is blocked in a weak patent system since companies employ the “efficient infringement” model. In a weak patent system, enforcement is expensive and burdensome, supplying …
By Neal Solomon
3 years ago 5

Correlation of U.S. Patent System and Productivity Growth

By providing a property right in exchange for the disclosure of a novel and useful invention, patent law supplied an incentive to perform risky and expensive scientific …
By Neal Solomon
4 years ago 13

Economic Trends and Productivity Growth Decline in America

In the past decade, economic growth, wage growth, business investment and productivity growth have declined dramatically. Economists have discovered that productivity growth alone explains the dramatic development …
By Neal Solomon
4 years ago 28

Causes and Consequences of Productivity Growth Declines

While all economic views of productivity growth may have a grain of truth, I argue that all of these theories of productivity growth are fundamentally wrong. The …
By Neal Solomon
4 years ago 14