Why is innovation important?
Innovation leads to job growth by…
- Giving a nation an advantage in being the first to sell new products and services
- Leading to a cycle of expanding employment
- Leading to higher productivity, which expands domestic economic activity and creates jobs
While only about 5% of the U.S. workforce
is employed in STEM fields, it’s estimated
that the STEM workforce accounts for
more than 50% of the nation’s sustained
economic growth.