Abby Joseph Cohen
Showing 1–2 of 2 transcripts.
- Goldman Sachs13 min
The Global R&D Landscape
While the United States maintains its global lead in absolute scientific research spending, it has slipped to eighth place in R&D intensity as nations like China, South Korea, and Israel accelerate their investment rates and educational pipelines. The U.S. research ecosystem increasingly relies on foreign-born talent for innovation, yet domestic funding remains narrowly concentrated in IT and pharmaceuticals compared to the manufacturing-focused strategies of European and Asian competitors. This shifting landscape underscores a growing reliance on international collaboration and public funding mechanisms to sustain the translational bridge between basic discovery and commercial application.
- Milken Institute1h 12m
U.S. Overview: First Recovery, Then Takeoff?
Abby Joseph Cohen, Gary Loveman, Raymond McGuire, Jim Moffatt, Maggie Wilderotter, Ross DeVol, Ross Duvall, Abby Cohen
A March 2013 panel of Milken Institute analysts evaluated the U.S. economic recovery, noting a 2.5% Q1 growth rate that masks a sluggish labor market and a divergence where corporations hoard cash for buybacks rather than investing in small businesses or R&D. The discussion highlighted how European recession, regulatory uncertainty, and a global tax code incentivizing overseas profits have suppressed domestic expansion despite strong corporate profits and a housing market turning point. Experts concluded that achieving 4% growth requires resolving political gridlock, reforming the corporate tax system, and implementing structural investments in innovation and broadband to convert current financial slack into sustained job creation.