In the past, the Pentagon was an engine of economic growth and technological innovation.
They overlook the fact that that economic progress yields technological innovation and prosperity essential to support more resourceful, cleaner and healthier lifestyles.
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Our country needs a modern immigration policy that further fosters this culture to help spur continued technological innovation and economic growth.
Moreover, the remarkable development of the U.S. capital markets during this period set the stage for the economic prosperity and surge in technological innovation that occurred in the 1990s.
After all, the country is an economic success story, a powerhouse of technological innovation and a world leader in medical and scientific research.
Hanging in the balance are the very incentives for technological innovation and the seeds of economic progress.
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But if healthcare costs continue growing and technological innovation in this area improves the economic pressure will be on lawmakers to allow this, insurance companies to promote it, and individuals to abide by it.
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We also discussed the potential to expand our cooperation on behalf of economic growth, trade and investment, as well as technological innovation, and I look forward to discussing these issues further when President Medvedev visits the United States later this year, because there is much we can do on behalf of our security and prosperity if we continue to work together.
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Capital accumulation and technological innovation, therefore, are vital for sustaining economic progress because they allow workers and producers to be more productive.
If we miss this transition, we risk losing the innovation that has powered the past decade of economic and technological growth, and we leave an entire generation unprepared to meet and overcome the challenges they will face.
Almost every aspect of our lives from the social to the economic has been, and continues to be altered by the powerful forces of technological innovation.
Even if Cowen is wrong about the pitch of the technological plateau and the severity of income stagnation, he has nonetheless put radical innovation and economic growth back on the map.
The idea of innovation is often bandied, touted and proclaimed in this era of radical technological, social and economic change.
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