The U.S. economy has been running at less than full throttle for much of the past two decades, several recent studies show. That means corporations invested a smaller percentage of their profits into expanding production.

The result, according to some economists, has been slower growth during most of the past 20 years, when the gross domestic product has grown an average 2.2% a year, compared with 3.2% during the preceding 20 years.

Some analysts have blamed the shortfalls on lack of good investment opportunities. But in new research, two assistant professors of finance at Texas McCombs offer an alternative explanation. Companies are getting too big — and their size gives them incentives to sit on their money rather than put it to work.

Nobel Prize-winning economist Daron Acemoglu, who’s been dubbed one of the “World’s Top Thinkers” by the popular press, will receive to the 2025 Sage-CASBS Award, the Center for Advanced Study in the Behavioral Sciences at Stanford announced today.

Simon Fraser University (SFU) has been awarded approximately $23 million in funding through the Natural Sciences and Engineering Research Council of Canada’s (NSERC) Lab to Market program, to expand their award-winning Invention to Innovation (i2I) suite of programs over the next five years. The i2I programs provide bilingual innovation and entrepreneurship training for graduate students, researchers and faculty in STEM and healthcare fields.