In 2019, HBS faculty members of the U.S. Competitiveness Project conducted the sixth survey on U.S. competitiveness. This report—built on the latest survey findings and eight years of prior research on the competitiveness of the United States—highlights a disturbing pattern: structural failures in the U.S. political system continue to prevent meaningful progress on actions needed to improve U.S. competitiveness. Despite a decade of steady economic growth, the trajectory of the nation’s competitiveness remains disappointing.
America’s labor market has entered a “new normal” phrase. Although the unemployment rate has declined after the Great Recession, underemployment remains a major problem and the percentage of workers stuck in part-time jobs is well above historical norms. Yet, at the same time, employers are posting a record number of positions. Professor Joseph Fuller suggests that resolving this paradox will require education institutions and employers to adopt a new approach to skills training.
In June 2015, nearly 75 experienced leaders from across business, government, labor, academia, and media gathered at Harvard Business School to discuss a topic of increasing concern in America: How can our nation continue to remain competitive while also providing a path to prosperity for more citizens? This report highlights the group’s deliberations and summarizes the HBS research that was presented during the convening.
The 2015 HBS survey on U.S. competitiveness reveals that business leaders are concerned about the economy’s ability to generate shared prosperity. America’s business environment is improving, but alumni doubt that firms in the U.S. will be able to improve living standards for the average American. Alumni see issues like inequality, middle-class stagnation, and economic immobility, as social as well as business challenges.
The U.S. Chamber of Commerce Foundation recommends a new demand-driven approach—talent pipeline management—to close the skills gap. Extending lessons learned from innovations in supply chain management, this paper calls for employers to play a new and expanded leadership role as “end-customers” of education and workforce partnerships.
The market for middle-skills jobs—those that require more education and training than a high school diploma but less than a four-year college degree—is consistently failing to clear. That failure is inflicting a grievous cost on the competitiveness of American firms and on the standard of living of American workers. How can business lead the charge to close the gap?
This report presents the findings of HBS' 2013–14 survey on U.S. competitiveness. It highlights a troubling divergence in the U.S. economy: large and midsize firms are prospering, but middle- and working-class citizens and small businesses are struggling.
Is there a credit gap in small business lending?
A printable version of the report on the February 2014 AOTM National Summit.
Prepared as background for the America on the Move National Summit and used to identify experts, viewpoints, and data sources.
This overview describes how the United States funds and finances infrastructure investment to maintain its economic competitiveness.
The U.S. air transportation system flies high on some indicators, mostly involving capacity to take to the air, but lands low on others, mostly involving ground facilities and processes.
It is impossible to discuss national competitiveness without considering cities and the regions they anchor.
In the 20th century, automobiles and airlines pushed rail into the background as an often-troubled and neglected mode.
This case explores the motivation behind P-TECH (a growing skills gap), how it was developed along with the challenges, and the attention generated by the unique school design.
This case explores the challenges and complications of replicating P-TECH.
The United States federal government’s current and projected fiscal deficits are not sustainable.
By: Christian Ketels
A new framing of competitiveness clarifies the role of regions.
Second in the series of U.S. Competitiveness surveys, Harvard Business School gleaned responses from nearly 7,000 alumni and more than 1,000 members of the general public.
In many cases, once manufacturing capabilities go away, so does much of the ability to innovate and compete. Manufacturing, it turns out, really matters in an innovation-driven economy.