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Event

Workshop: Economic Growth, Job Creation, and Private Investment

August 26, 2009, 9:30 AM - 11:30 AM EDT
Washington, DC

The goal of this workshop is to evaluate the potential effects of increased broadband penetration and speed on U.S. productivity growth, economic growth, and employment. In addition to examining the potential effects of broadband on the macro-economy, the workshop will also examine studies that address how broadband is likely to affect specific sectors of the economy, including specific industries and geographic areas. In this regard, the workshop will consider the potential effects of broadband on capital investment, employment and innovation within particular sectors. The workshop will also consider how these sector-specific effects will affect the larger economy.
 
The workshop will also consider the likely benefits of broadband to consumers, particularly those in rural areas, such as providing greater access to consumer information and services, expanded educational and job training opportunities, and improved access to healthcare, via telemedicine - each of which will be explored in more detail in other workshops. Finally, the workshop will consider how these studies of the impact of broadband on economic growth, employment and investment can inform the design of the national broadband plan.

Webcast

Topics

The following are some of the preliminary topics that will be covered at this workshop. If you would like to discuss any other topics, please send us your suggestions.
  • Approaches for determining the macroeconomic effects of increased broadband penetration on US productivity, economic growth, and employment
  • Approaches for examining the sector-specific effects of increased broadband penetration on capital investment, sector employment, and innovation.
  • Limitations of these broadband analyses
  • Adapting these methodologies to the specific needs of national broadband plan
  • Capital investment patterns
  • Venture capital patterns
  • Projected investment patterns

Agenda

9:30 am Workshop Introduction, Moderator, Scott Wallsten, Economics Director, Omnibus Broadband Initiative
 
9:35 am Presentations from Panelists
  • James E. Prieger, Associate Professor of Public Policy at the Pepperdine University School of Public Policy
  • Brent Goldfarb, Associate Professor of Management and Entrepreneurship at the Robert H. Smith School of Business at the University of Maryland
  • Ralph B. Everett, President and CEO, Joint Center for Political and Economic Studies
  • Chris Forman, Associate Professor and the Robert and Stevie Schmidt Term Professor of IT Management at the College of Management at the Georgia Institute of Technology
  • Tom Wheeler, Managing Director, Core Capital Partners
  • Ryan C. McDevitt, Ph.D. candidate in economics, Northwestern University
10:40 am Questions from Moderator
 
10:50 am Questions from audience/Responses from panelists
 
11:30 am Closing Statements, Moderator
 
11:35 am Adjournment

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