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.
America’s leading companies are thriving, but the prosperity they are producing is not being shared broadly among U.S. citizens. Jan W. Rivkin presents results of HBS's 2015 Alumni Survey on U.S. Competitiveness.
Michael E. Porter and Jan W. Rivkin discuss the findings of Harvard Business School’s 2013–14 Alumni Survey on U.S. Competitiveness. Their report, "An Economy Doing Half Its Job," focuses on a troubling divergence in the American economy: large and midsize firms have rallied strongly from the Great Recession, and highly skilled individuals are prospering, while middle- and working-class citizens are struggling, as are small businesses.
This paper develops a novel clustering algorithm that systematically generates and assesses sets of cluster definitions (i.e., groups of closely related industries).
Is there a credit gap in small business lending?
How can business leaders best partner with educators to transform America's schools?
The United States federal government’s current and projected fiscal deficits are not sustainable.
This paper evaluates the role of regional cluster composition in the economic performance of industries, clusters and regions.