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3 years ago

Innovation Hubs Reject Trumpism: Voters in Tech Clusters Spurn Protectionist Policies

SSRN Electronic Journal
Bidenism as Trumpism 2.0: America’s Bipartisan Embrace of Neo-Mercantilist Policies and What this Entails
Victor Menaldo, Nicolas Wittstock

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The article discusses how Trump's economic policies harmed innovation, especially in high-tech sectors. Counties with more innovation rejected Trump's approach. Trump's tariffs, visa restrictions, and anti-high-tech stance threatened innovative firms. Places with more patents rejected Trumpism in the elections. The study shows that populism can hinder innovation and provoke a strong response from tech-driven economies.