According to a new study by a nonpartisan research group, the competitive edge of the United States economy has eroded sharply over the last decade, the New York Times reports. The study by the Information Technology and Innovation Foundation found that the United States ranked sixth among 40 countries and regions, based on 16 indicators of innovation and competitiveness. These included venture capital investment, scientific researchers, spending on research, and educational achievement. But the American economy placed last in terms of progress made over the last decade. "The trend is very troubling," said Robert D. Atkinson, president of the foundation....

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