White House Updates Strategy to Bolster U.S. Innovation Economy

This week, the National Economic Council and Office of Science and Technology Policy (OSTP) released an update to the White House strategy document on fueling the U.S. innovation economy. A Strategy for American Innovation includes a model of the nation’s innovation engine that sheds some light on how the federal government views its role in research and economic growth. For example, digital government initiatives play a key role, alongside investing in basic research, digital infrastructure and STEM education.  In a related post, OSTP framed the release as the culmination of several weeks of events around the idea of open innovation. The strategy emphasizes the use of crowd-based models and prizes for scientific breakthroughs. Read A Strategy for American Innovation…