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How Innovative Is China in Nuclear Power?

Though China built upon a foreign base of technology, it has become the world’s leading proponent of nuclear energy. Chinese firms are well ahead of their Western peers, supported by a whole-of-government strategy that provides extensive financing and systemic coordination.

A Techno-Economic Agenda for the Next Administration

The next administration needs to place innovation, productivity, and competitiveness at the core of its economic policy. To that end, this report offers a comprehensive techno-economic agenda with 82 actionable policy recommendations.

Technology Fears and Scapegoats: 40 Myths about Privacy, Jobs, AI, and Today’s Innovation Economy

Technologies and tech companies are accused of creating a myriad of societal problems. Technology Fears and Scapegoats exposes them as mostly myths, falsehoods, and exaggerations. It issues a clarion call to restore the West’s faith in technological progress.

How to Improve the American Privacy Rights Act

America desperately needs a federal privacy law—but it needs the right federal privacy law. In its current state, APRA is not that law. But with a few important changes, it could be.

How to Address Children’s Online Safety in the United States

Protecting children from online harms requires a careful balance between ensuring safety and safeguarding free speech, user privacy, and parents’ rights. The most effective approach would split responsibility between the government, parents, and online services.

How Generative AI Is Changing the Global South’s IT Services Sector

Given the potential for countries to reshore and automate previously outsourced IT occupations, the Global South’s IT services appear vulnerable to the displacing effects of AI. Yet, existing policy responses may be insufficient to address that challenge.

Picking the Right Policy Solutions for AI Concerns

Some concerns are legitimate, but others are not. Some require immediate regulatory responses, but many do not. And a few require regulations addressing AI specifically, but most do not.

What Does the Public Think About AI?

In a nationally representative survey of more than 2,000 U.S. adults, Public First and the Center for Data Innovation track public attitudes and perceptions of artificial intelligence.

US State and Regional Energy Innovation Index

Vibrant regional energy innovation ecosystems are important for any national net-zero strategy. But to understand the potential contributions they can make to the price and performance of clean energy technologies, we must first benchmark the resources they bring to bear.

Corporate Concentration Is Good for Productivity and Wages

Despite claims by anticorporate neo-Brandeisians, corporate concentration appears positively correlated with higher productivity and wages. So, the push to break up large companies is antiworker and anti-middle class.

BEAD Report: Grading States’ Initial Proposals for Federal Broadband Funds

Congress has allocated $42.5 billion to bridge America’s digital divide through the Broadband Equity, Access and Deployment (BEAD) program. To achieve that goal, states and territories must carefully craft plans to use their shares of the funds to the greatest possible benefit.

Why the U.S. Economy Needs More Consolidation, Not Less

Larger firms are generally more productive because of scale economies, but some U.S. industries still have too high a share of small firms. Policymakers should encourage, not discourage, greater consolidation in these industries.

Assessing Canadian Innovation, Productivity, and Competitiveness

Canada faces unprecedented challenges in innovation, productivity, and competitiveness. The first step in addressing them is to develop a clear understanding of the Canadian economy’s underlying structure and performance in each area. Policymakers must then tailor strategies for specific industries and technologies instead of focusing on principally on macro factors.

The Relationship Between Biopharma R&D Investment and Expected Returns: Improving Evidence to Inform Policy

Better evidence is needed to evaluate the impact of policy changes on new drug development. Greater availability of government data should support more rigorous evaluations to inform evidence-based policymaking.

A Transatlantic G2 Against Chinese Technology Dominance

Alone, America cannot stem Beijing’s rise in advanced industries. We need a new pact with Europe. Its objective should be to refuse to surrender to technological domination by the CCP. Being pioneers of the green transition will not be enough.

Technical and Legal Criteria for Assessing Cloud Trustworthiness

Global data and technology governance will be challenging without cooperation on cloud trustworthiness. Policymakers should avoid simplistic assessments based on nationality and instead develop more holistic assessments based on legal and technical criteria.

How Innovative Is China in the Chemicals Industry?

China is leading in chemical production, especially basic chemicals. And while it is currently lagging behind on innovation—especially in more complex fine chemicals—all signs suggest it will catch up with the global leaders within the next decade or two.

Why Congress Should Enact a Mileage-Based User Fee for Heavy Trucking

With the gradual shift from internal combustion to electric vehicles, it is only a matter of time before the nation will have to replace gas taxes with a vehicle miles traveled system to pay for road maintenance. The most sensible way to start would be with heavy trucks.

Why the United States and EU Should Seize the Moment to Cooperate on Cybersecurity Labeling for IoT Devices

The United States and European Union should work through the Trade and Technology Council to align their respective cybersecurity labeling programs for the Internet of Things rather than allowing IoT security to become another technical barrier to trade and technology cooperation.

No, Market Leaders Are Not Driving Declines in Innovation and Economic Dynamism

A report by the Economic Innovation Group (EIG) concludes that declining knowledge diffusion is the underlying cause of declining business dynamism. However, its theoretical model is based on flawed assumptions, while its mathematical model has methodological issues.

How Innovative Is China in the Robotics Industry?

China does not yet appear to be leading in robotic innovation, but its domestic production and adoption are growing rapidly, and the Chinese government has prioritized the industry. It is likely only a matter of time before Chinese robotics companies catch up to the leading edge.

Not Again: Why the United States Can’t Afford to Lose Its Biopharma Industry

America’s leadership in advanced-technology industries can never be taken for granted, as evidenced by its losses in telecommunications equipment, semiconductors, televisions, solar panels, and chemicals. Policymakers must recognize what went wrong in those cases to avoid a similar industrial decline in the biopharmaceutical industry.

How Congress Can Foster a Digital Single Market in America

In areas ranging from data privacy to content moderation, states are creating patchworks of regulation that confuse consumers, complicate compliance, and undermine the digital economy. It’s time for Congress to step in and establish a consistent national approach to digital policy.

Assessing India’s Readiness to Assume a Greater Role in Global Semiconductor Value Chains

India has the potential to play a much more significant role in global semiconductor value chains, provided the government upholds its investment policies, maintains a conducive regulatory and business environment, and avoids measures that create unpredictability.

National Developmentalism: The Alternative to Neoliberalism and Neo-New Dealism

Neoliberalism’s deficiencies are clear. To address the challenges America now faces, policymakers should adopt the doctrine of national developmentalism and not allow economic policy to swing back toward a revised New Dealism, as it is now doing.

The Hamilton Index, 2023: China Is Running Away With Strategic Industries

China now dominates the strategically important industries in ITIF’s Hamilton Index, producing more than any other nation in absolute terms and more than all but a few others in relative terms. Its gains are coming at the expense of the United States and other G7 and OECD economies, and time is running short for policymakers to mount an industrial comeback.

How Skeptics Misconstrue the Link Between Drug Prices and Innovation

A recent article in the British Medical Journal contends “high drug prices” are neither necessary nor justified to sustain biopharmaceutical innovation. But it misrepresents and misinterprets the facts, highlighting how faulty the rationale is for drug price controls.

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