MIT Economist studies the creation and use of technology, from the R&D lab to the workplace
Van Reenen became well-known, however, partly by explaining why people in his native Britain have not come up with ideas, at least not as much as they once did. In research during the 1990s, Van Reenen determined that British firms had lagging R&D investment across most of the country’s industrial sectors. This decline was compounded by a significant withdrawal of government support for R&D in the 1980s.
As a result, Britain had an innovation malaise that was real, but curable. Van Reenen’s prescription: more sensible tax plans to spur R&D investment and fuel the growth that comes from innovation.