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Hamilton Center on Industrial Strategy

Hamilton Center on Industrial Strategy

ITIF’s Hamilton Center promotes a practical approach to competitiveness policy that enables U.S. technology leadership in global markets. The Hamiltonian agenda entails more than simply increasing economic inputs and factor conditions that are broadly conducive to innovation and growth. The goal must be to go further with policies that directly enable firms in America to lead in advanced technologies and industries that are strategically important for economic and national security.

Featured Publications

Is the United States Really One of the Most Competitive Economies in the World? No.

Is the United States Really One
    of the Most Competitive Economies
    in the World? No.

The United States has consistently ranked near the top of international competitiveness rankings. But these reports are largely meaningless in measuring actual international competitiveness, providing policymakers a false sense of optimism about America’s position.

The Hamilton Index: Assessing National Performance in the Competition for Advanced Industries

The Hamilton Index: Assessing National Performance in the Competition for Advanced Industries

Compared to major competitors, U.S. output in key advanced industries is weak and declining. Congress and the administration should launch an economic “moon shot” initiative committing to increase the concentration of these industries in the U.S. economy by at least 20 percentage points relative to the global average within a decade.

The Hamilton Index of Advanced-Industry Performance: Data Visualization Tool

The Hamilton Index of Advanced-Industry Performance: Data Visualization Tool

Seven strategically important industries. Sixty-six countries. Twenty-four years’ worth of value-added output data. This interactive visualization tool benchmarks national performance both in nominal U.S. dollars and relative to national shares of global GDP, an industry-concentration ratio known as a location quotient (LQ).

Why America Should Compete to Win in Advanced Industries

Why America Should Compete to Win in Advanced Industries

Until a significant share of America’s leaders believes the United States is in economic competition with other nations—and that it has a right and duty to win that competition—generating the political will for a national advanced-industry strategy will be difficult.

Weaving Strategic-Industry Competitiveness Into the Fabric of U.S. Economic Policy

Weaving Strategic-Industry Competitiveness Into the Fabric of U.S. Economic Policy

Meeting the challenge of China’s mercantilist, state-directed economy will require much more than piecemeal competitiveness initiatives, as important as they are. It is time to incorporate a competitiveness focus into most if not all major areas of U.S. policy affecting the economy.

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Events

September 15, 2022

A New Frontier: Leveraging U.S. High-Performance Computing Leadership in an Exascale Era

Watch ITIF's event at the Dirksen Senate Office Building (SD-562) as it released a new report exploring the promise of HPC in the exascale era, examining some of the latest cutting-edge applications of HPC, and articulating steps policymakers should take to keep the United States at the leading-edge of this highly globally competitive, yet truly foundational information technology.

January 11, 2022

What a National Strategic-Industry Policy Should Look Like

ITIF hosted a discussion of what a robust national strategic-industry policy should—and should not—entail.

March 22, 2021

Time for a New National Innovation System for Defense and Competitiveness

ITIF hosted a panel with a keynote speech by Rep. Adam Smith (D-WA), chairman of the House Armed Services Committee, followed by an expert discussion with leading defense and technology experts of the health of the current U.S. innovation and production system, including the defense industrial base, and what the new administration and Congress should do to strengthen it.

January 6, 2021

Should the US Accept China’s Economic and Technology Rise?

ITIF hosted an expert debate on these issues, featuring Daniel Gros, director of the Centre for European Policy Studies, who has argued that the United States must accept China’s rise, and ITIF President Robert Atkinson, who argued America and Europe must work together to constrain China, particularly its drive to dominate advanced technology industries.

October 7, 2020

How Can America and the West Successfully Compete With China?

ITIF hosted a discussion of these issues, including how U.S. businesses are likely to be affected and what the U.S. government should do in response. An expert panel will discuss a recent ITIF report arguing the United States and its allies should focus on rebalancing global supply chains, bolstering competitiveness, adjusting to China’s market size, and solidifying the West’s appeal.

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Staff

StephenStephen Ezell

Vice President, Global Innovation Policy, and Director, Center for Life Sciences Innovation

Advisors

DavidDavid Adler

Economics Author

BenBen Armstrong

Research Scientist, MIT Industrial Performance Center

William B.William B. Bonvillian

Former Director, MIT Washington Office

MichaelMichael Brown

Former Director, Defense Innovation Unit (DIU), U.S. Department of Defense

EricaErica Fuchs

Professor, Carnegie Mellon University

Rosabeth MossRosabeth Moss Kanter

Ernest L. Arbuckle Professor of Business Administration, Harvard Business School

SridharSridhar Kota

Herrick Professor of Engineering, University of Michigan-Ann Arbor

BradBrad Markell

Executive Director, AFL-CIO Industrial Union Council

JackJack Shanahan

Lieutenant General, Retired., United States Air Force

Willy C.Willy C. Shih

Professor of Management Practice, Harvard Business School

CarrollCarroll Thomas

Director, Information Technology and Innovation Foundation

More From the Center

September 12, 2022|Reports & Briefings

A New Frontier: Sustaining U.S. High-Performance Computing Leadership in an Exascale Era

Continued leadership in high-performance computing (HPC) as it enters the exascale era remains a key pillar of U.S. industrial competitiveness, economic power, and national security readiness. Policymakers need to sustain investments in HPC applications, infrastructure, and skills to keep America at the leading edge.

August 15, 2022|Op-Eds & Commentary

Turning Point for American Industrial Policy or One-Hit Wonder?

The CHIPS and Science Act provides critical support for semiconductor firms and boosts science funding significantly, especially for key technologies for U.S. competitiveness. But there are important questions about both the legislation and the overall direction of U.S. industrial policy.

July 21, 2022|Op-Eds & Commentary

Why Dollar as Reserve Currency Is America’s Achilles Heel

If a country is running a deficit, the value of its currency should fall to make imports more expensive and exports cheaper. Conversely, if a country is running a trade surplus, the currency should rise in value.

July 12, 2022|Op-Eds & Commentary

Japan’s Industrial Policies Do Work, But Urgent Reforms Are Needed

As the U.S. Congress hopefully finalizes a wide-ranging industrial policy legislative package, a number of pundits are pointing to Japan's economic performance as evidence that industrial policy is doomed to failure. But ITIF’s Hamilton Index tells a different story.

July 1, 2022|Op-Eds & Commentary

Biden’s Indo-Pacific Economic Framework Is a Paradigm Shift

The United States can no longer afford to trade U.S. market access for geopolitical alignment, and other nations can no longer afford to stay on the sidelines as the United States does the hard work of limiting China’s economic, technological, and foreign-policy aggression alone.

June 16, 2022|Op-Eds & Commentary

India vs China: The Advanced Industry Production Race

While China surged ahead in 1995 in terms of advanced industry production, the current odds are stacked in India’s favour. If correct actions are taken, we can easily surpass China.

June 14, 2022|Op-Eds & Commentary

Korea’s Advanced Industry Success Story

Over the last quarter-century, Korea's advanced-industry performance has been superlative and lags only behind Taiwan.

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