# Professor Paul Romer's work on integrating technological innovations into long-run macroeconomic analysis is cited

1 Faculty News January 29, 2019 ![Harvard Business Review logo](/sites/default/files/styles/246w/public/assets/images/con_032358.jpg?itok=cHztGP4H)>

Excerpt from [Harvard Business Review](https://hbr.org/2019/01/its-time-to-stop-treating-rd-as-a-discretionary-expenditure) -- "[Paul Romer](https://www.stern.nyu.edu/faculty/bio/paul-romer) won the 2018 Nobel Economics Prize for integrating technological innovation into macroeconomic analysis and showing that research and development (R&D) investments are becoming essential to a nation’s progress."

[Read more](https://hbr.org/2019/01/its-time-to-stop-treating-rd-as-a-discretionary-expenditure)