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.
Professor Michael E. Porter discusses the economic benefits from North America's unconventional oil and gas energy resources. Professor Porter discusses the unconstructive debate around these resources, and what should be done to fully realize their benefits while minimizing environmental and climate impacts.
Professor Michael E. Porter and Professor Jan W. Rivkin discuss the findings of Harvard Business School’s 2015 Alumni Survey on U.S. Competitiveness,
The Challenge of Shared Prosperity. Alumni are optmistic about the ability of U.S. firms to compete globally, but they doubt that firms will be able to lift the living standards of the average American.
By: Christian Ketels
A new framing of competitiveness clarifies the role of regions.
Policy steps for the president and Congress to follow in order to make American companies more competitive and their employees more prosperous.
Business leaders should not simply accept the business environment as a given, set by government. They can—and should—enhance the commons in ways that boost their own long-run profits.
Some of the world’s most original thinkers explain the competitiveness challenge America faces and point the way forward.
Industries located in regions with strong clusters (i.e. a large presence of other related industries) experience higher growth in new business formation and start-up employment.
The performance of regional economies varies markedly in terms of wage, wage growth, employment growth, and patenting rate.
In the modern competitive marketplace, nations have their own competitive advantages. These are investigated and discussed in-depth.