Invention and the Mobile Economy
In the 40 years since the creation of the cell phone, creative engineers have developed a range of new products that enable mobile activity. From cellular networks and microchips to batteries and antennas, invention has been a big part of mobile technology, resulting in an industry that has become a vibrant driver of economic development. The mobile industry contributes significantly to GDP growth and job creation around the globe. In many countries, mobile is among the fastest-growing business areas. With mobile devices spreading at a rapid pace, it is important to understand how progress has been made and how government and business can facilitate continued development.
On March 5, as part of the Mobile Economy Project, Governance Studies at Brookings hosted an event focusing on key inventors, how different countries encourage and protect invention, and barriers that need to be overcome in order to promote mobile invention. A panel of experts discussed the culture of invention that has propelled the mobile industry to the economic forefront.