How SBA’s Affiliation Rules for Venture-Backed Firms Will Limit the Effectiveness of the Paycheck Protection Act

The failure of small venture-backed businesses to qualify for Paycheck Protection Loans could cost more than 275,000 jobs this year directly and more 1 million jobs in total, including indirect losses. The Trump administration should waive the Small Business Administration’s “affiliation rule” in this crisis to prevent these mass layoffs and furloughs.

Energy Innovation in the FY 2021 Budget: Congress Should Lead

Lawmakers should make energy innovation a national imperative, and at least double U.S. investment in clean energy RD&D by 2025.

Why Countries Should Build an Interoperable Electronic Invoicing System Into WTO E-commerce Negotiations

To support digital trade, countries must eliminate regulatory barriers—big and small, new and old, obvious and hidden—that prevent firms from using technology and the Internet to achieve critical economies of scale. Electronic invoices are a great example.

How Voluntary Agreements Among Key Stakeholders Help Combat Digital Piracy

Working together, firms from different parts of the digital economy can disrupt the supply side of the digital piracy equation to make it harder and costlier for illicit operators to function.

Delinkage Debunked: Why Replacing Patents With Prizes for Drug Development Won’t Work

Separating the cost of biopharmaceutical research and development from the final market price of medicines would misalign incentives, raise bureaucratic costs, and limit innovation.

Surveying the Damage: Why We Must Accurately Measure Cross-Border Data Flows and Digital Trade Barriers

Countries that value an open, competitive digital economy should use surveys to improve quantitative analysis of cross-border data flows, because policymakers can’t effectively manage and address barriers to digital trade unless they can measure it.

Accelerating Energy Innovation in the 116th Congress: 10 Priorities for 2020

As the House and Senate consider comprehensive energy legislation, these 10 priorities have already won the support of large bipartisan majorities at the committee level in at least one chamber. They should form the nucleus of a bipartisan energy package that gets signed into law this year.

Why and How to Mount a Strong, Trilateral Response to China's Innovation Mercantilism

The United States, the EU, and Japan must band together in stronger trilateral partnership to pressure China into rolling back the mercantilist trade practices it uses to grow advanced, innovation-driven industries.

Innovation Drag: China’s Economic Impact on Developed Nations

An examination of the scholarly literature shows that China’s mercantilist-powered economic rise and trade expansion have slowed the progress of innovation in the global economy—particularly in North America and Europe.

The Case for a Mostly Open Internet

Policymakers should seek to maximize the benefits of Internet openness while maintaining carefully designed guardrails that reduce the Internet’s most clearly harmful uses.

The Case for Growth Centers: How to Spread Tech Innovation Across America

The federal government should take aggressive steps to spur the development of more tech hubs in America’s heartland by identifying promising metro areas and helping them transform into self-sustaining innovation centers.

Less Certain Than Death: Using Tax Incentives to Drive Clean Energy Innovation

Tax incentives can play an important role in accelerating the innovations needed for a low-carbon future, but only if the incentives reward innovators rather than support well-entrenched incumbents.

Ten Facts About the State of the Economy for U.S. Workers Without College Degrees

The most important policy to boost economic opportunity is one that focuses on shifting the occupational mix toward fewer low-wage jobs and more middle-wage ones.

A Roadmap for Europe to Succeed in the Digital Economy

Europe must harness the power of digital innovation not just to increase economic growth and expand prosperity, but also to address important societal challenges related to the environment, public health, transportation, and other pressing concerns.

The 2019 Global Mercantilist Index: Ranking Nations’ Distortive Trade Policies

The Global Mercantilist Index, ranking 60 nations on 18 variables ranging from market access and forced localization to currency manipulation and intellectual property protections, finds that China is the world’s most innovation-mercantilist nation.

The Enterprise Automation Imperative—Why Modern Societies Will Need All the Productivity They Can Get

Contrary to common belief, enterprise automation is not a cause for alarm, but instead a societal imperative. Modern nations will need all the productivity they can get to address today’s ever-more-resource-constrained challenges.

A Policymaker’s Guide to the “Techlash”—What It Is and Why It’s a Threat to Growth and Progress

Growing animus toward “Big Tech” companies and generalized opposition to technological innovation engenders support for policies that are expressly designed to inhibit it. That is deeply problematic for future progress, prosperity, and competitiveness.

Robotics and the Future of Production and Work

The use of robotics will increase productivity and has the potential to bring more manufacturing production work back to developed countries. As productivity increases, labor is likely to receive a significant share of the benefits.

Omission Innovation 2.0: Diagnosing the Global Clean Energy Innovation System

Despite concern over climate change, global carbon emissions continue to rise. Clean energy innovation is needed to reverse the trend. It is time for Mission Innovation member nations to make good on their commitment to double clean energy RD&D.

A Policymaker’s Guide to Broadband Competition

Policymakers should enable entry into the broadband market, but avoid undermining the dynamism of the sector by actively promoting additional competitors.

The Global Energy Innovation Index: National Contributions to the Global Clean Energy Innovation System

Since 2015, 24 nations and the EU have joined “Mission Innovation,” pledging to double public investments in energy RD&D and collaborate on key innovation challenges. This report seeks to provide accountability for these commitments and lay the foundation for more ambitious measures.

Who Is Winning the AI Race: China, the EU or the United States?

The United States leads the race for global advantage in artificial intelligence, at least for the time being, with China coming in second and the EU lagging behind. But China is poised to challenge U.S. dominance in coming years as it undertakes bold AI initiatives.

China’s Biopharmaceutical Strategy: Challenge or Complement to U.S. Industry Competitiveness?

China is challenging the United States for market share and jobs in one of the highest value-added, most innovation-intensive industries—and the risks extend not just to the U.S. economy, but to global biopharma innovation.

The Manufacturing Evolution: How AI Will Transform Manufacturing and the Workforce of the Future

A report by ITIF for the MAPI Foundation, a research subsidiary of the Manufacturers Alliance for Productivity and Innovation (MAPI).

National Innovation Policies: What Countries Do Best and How They Can Improve

A survey of allied think tanks summarizes what 23 nations and the EU are doing best when it comes to innovation policy, and where there are the greatest opportunities to improve. In many cases, the successes can serve as model policies for other countries to adopt.

Promoting European Growth, Productivity, and Competitiveness by Taking Advantage of the Next Digital Technology Wave

The EU has an opportunity to make major strides in the next wave of digital transformation. But it will need to adopt a forward-looking policy perspective that focuses on the benefits of connectivity, automation, and smart systems for Europe’s economy and society.

Innovate4Health Latin America: How Innovators Are Solving Global Health Challenges

Seven case studies showcase how IP rights are enabling innovators in Latin America to help solve some of the greatest global health challenges.

Is China Catching Up to the United States in Innovation?

If China were only a copier, then the competitive threat to advanced economies would be limited. But there is no reason to believe China won’t follow the path of “Asian tigers” that rapidly evolved from copiers to innovators, which poses a serious threat.

Big Is Beautiful: Debunking the Myth of Small Business

This provocative new book now available from The MIT Press shows small businesses are not the drivers of our prosperity. Big firms are better for job creation, productivity, innovation, and most other economic benefits. Governments should stop tipping the scales toward small and adopt “size neutral” policies that encourage companies of all sizes to grow.

Tech Policy To-Do List

With nearly three dozen new additions, the updated “Tech Policy To-Do List” now provides a menu of more than 150 actionable ideas for Congress and the administration to foster innovation, growth, and progress.

The Task Ahead of Us: Transforming the Global Economy With Connectivity, Automation, and Intelligence

The next wave of digital innovation is coming. Countries can welcome it, prepare for it, and ride it to new heights of innovation and prosperity, or they can ignore the changing tide and miss the wave.

ITIF Technology Explainer Series Icons

5G, AI, IoT, and more: In a reader-friendly series of two-pagers, ITIF provides overviews of important technologies that are likely to have a profound impact on the global economy and modern society.