Matching Metric Shapes
Innovation in Economics: Missing Pieces
Matching Metric Shapes - Sums manufacturing innovation to reveal unique metric shapes that, when shifted, match current commercial R&D spending with the Innovation Metric. The onward effect on GDP is algebraic. The shift's direction - from past to present - or from present to future - introduces a predictive element to planning for economic growth whose national significance should not be overlooked. It is not generally realized - but made so by this analysis - that only a portion of total R&D has a direct effect on future GDP. This is where policy can now have a more quantitative impact.