Sticking with the link between R&D and the economy, Michael Mandel has an article in Business Week about an obscure but important statistic called Multifactor Productivity (MFP). MFP, as Mandel describes, is a way to measure productivity growth that isn’t attributable to a capital investment such as training or new equipment. Usually it means that there have been innovations that workers can take advantage of, say buying a book online instead of going to the book store. For an employer a rise in MFP means free money – they are getting more output without incurring any additional expense – and this in turns boosts the overall economy. Mandel goes on to talk about how the proposed cuts to R&D will make it hard to maintain MFP growth. For more analysis check out the CRA policy blog. (There is no permalink so you may have to scroll down.) Related content brandpost Zero-trust: Why You Shouldn’t Ignore Your Print Environment By Canon Business Solutions Jun 07, 2023 5 mins Zero Trust news Salesforce CEO Benioff shakes up executive team with new hires Six months after the company lost its co-CEO and announced it was laying off 10% of its global workforce, Salesforce’s top team is undergoing a major personnel change. By Charlotte Trueman Jun 07, 2023 3 mins Technology Industry Enterprise Applications opinion Cisco debuts bold portfolio of network, security, and observability solutions and previews generative AI capabilities for Webex and Security Cloud Cisco’s innovative technologies help connect the dots of its network- and cloud-based ecosystem. By Pete Bartolik Jun 07, 2023 4 mins Cloud Security brandpost Help wanted: IT tools and talent for building a multicloud estate Like all trade workers, IT leaders need the right tools and skills to succeed in a multicloud world characterized by application and data sprawl. By Chad Dunn, Vice President, Product Management, Dell APEX Jun 07, 2023 6 mins Multi Cloud Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe