ECONOMIC INNOVATION GROUP INC

2023 PROGRAM SERVICE ACCOMPLISHMENTS ==================================== THE ECONOMIC INNOVATION GROUP (EIG) PUBLISHES ECONOMIC RESEARCH REPORTS AND POLICY ANALYSIS AND MAKES THEM AVAILABLE FOR EDUCATIONAL PURPOSES TO THE GENERAL PUBLIC ON EIG'S WEBSITE: WWW.EIG.ORG. EIG'S KEY ACHIEVEMENTS FOR 2023 INCLUDE: RESEARCH FOCUSED ON ECONOMICALLY DISTRESSED COMMUNITIES AND BOOSTING ECONOMIC DYNAMISM. ---------------------------------------------------------------------- EIG PUBLISHED FIVE MAJOR RESEARCH PROJECTS IN 2023, INCLUDING A REPORT TITLED "ADVANCING ECONOMIC DEVELOPMENT IN PERSISTENT-POVERTY COMMUNITIES" REVEALING THE SCALE OF GEOGRAPHICALLY-CONCENTRATED POVERTY IN THE U.S.; A PROJECT TITLED "IMMIGRATION POLICY IS INNOVATION POLICY" ELEVATING STATISTICS AND STORIES OF HOW SKILLED IMMIGRANTS FUEL AMERICAN DYNAMISM THROUGH ENTREPRENEURSHIP, INNOVATION, AND COMMUNITY REVITALIZATION; A PAPER TITLED "TRENDS IN U.S. BUSINESS DYNAMISM AND THE INNOVATION LANDSCAPE" ASSESSING THE RELATIONSHIP BETWEEN THE DECADES-LONG DECLINE IN ECONOMIC DYNAMISM AND PATENT LITIGATION; A BRIEF TITLED "NONCOMPETE CLAUSES: A POLICYMAKER'S GUIDE THROUGH THE KEY QUESTIONS AND EVIDENCE AND AN UPDATED VERSION OF THE "INDEX OF STATE DYNAMISM" (ISD) PROVIDING A COMPARATIVE MEASURE OF ECONOMIC DYNAMISM ACROSS STATES GOING BACK NEARLY THREE DECADES. POLICIES TO SUPPORT ECONOMICALLY DISTRESSED COMMUNITIES AND BOOST ECONOMIC DYNAMISM. ----------------------------------------------------------------------- EIG WORKED WITH CONGRESS ON BIPARTISAN POLICIES TO BOOST MOBILITY FOR AMERICAN WORKERS BY RESTRICTING THE USE OF NON-COMPETE AGREEMENTS AND ALSO TO STRENGTHEN RETIREMENT SECURITY FOR TENS OF MILLIONS OF HARDWORKING AMERICANS THROUGH A LONG-TERM SAVINGS PROGRAM. EIG REGULARLY UPDATES THE OPPORTUNITY ZONES ACTIVITY MAP, AN INTERACTIVE DIGITAL PORTAL HIGHLIGHTING INNOVATIVE INVESTMENTS, FUNDS, AND INITIATIVES LAUNCHED ACROSS THE COUNTRY, AND LEADS A WORKING GROUP OF WIDE-RANGING STAKEHOLDER ORGANIZATIONS TO SHARE OPPORTUNITY ZONES BEST PRACTICES, TECHNICAL INFORMATION, DEVELOPMENTS, AND FACILITATE PEER-TO-PEER LEARNING. EIG WORKED WITH A BIPARTISAN GROUP OF POLICYMAKERS TO IMPROVE THE OPPORTUNITY ZONES POLICY AND ENSURE ITS ALIGNMENT WITH CONGRESSIONAL INTENT. EIG ALSO PROVIDED TECHNICAL POLICY EXPERTISE TO THE U.S. DEPARTMENT OF COMMERCE ON THE TECH HUBS AND RECOMPETE PILOT PROGRAMS THROUGH COMMENT LETTER SUBMISSIONS. OUTREACH AND EVENTS ----------------------------------------------------------------------- EIG CONVENED AND PARTICIPATED IN ECONOMIC RESEARCH AND POLICY CONVERSATIONS WITH A WIDE ARRAY OF PARTNERS, STAKEHOLDERS, AND POLICYMAKERS THROUGHOUT THE YEAR FOCUSED ON ECONOMIC RESEARCH AND POLICY ISSUES, INCLUDING EFFORTS TO SUPPORT ENTREPRENEURS AND SMALL BUSINESSES; UNDERSTANDING THE CHALLENGES FACED BY AMERICAN WORKERS AND DISTRESSED COMMUNITIES; PROMOTING INCLUSIVE ACCESS TO CAPITAL; SPOTLIGHTING THE IMPORTANCE OF HIGH-SKILLED IMMIGRATION; AND OTHER FOUNDATIONAL ECONOMIC ISSUES.