Competitiveness

Please join the Information Technology and Innovation Foundation for an expert briefing event to discuss the findings of a 20-month ITIF investigation into Chinese firms’ innovative capabilities in key advanced industries, including robotics, chemicals, nuclear power, electric vehicles, semiconductors, AI, quantum computing, and biotechnology.

Europe has been enormously unsuccessful in creating substantial digital businesses for over three decades.

In industries that are globally traded, overly aggressive union demands run the risk of putting firms at a competitive disadvantage—helping current union members in the short term, but hurting the firms, future workers, and the national economy in the long term as the firms become less competitive in global markets.

China’s lead in quantum communications is undeniable, but its overall quantum prowess is limited; without computing breakthroughs, the United States still holds the upper hand.

China dominates the field of quantum communication and roughly matches the United States in the field of quantum sensing, although it lags behind in quantum computing, according to a new report from ITIF.

Innovation, productivity, and competitiveness must be top priorities for Canada’s next federal government, not sidenotes or vague aspirations to be addressed with little more than lip service.

China’s relentless drive and strategic investments in AI suggest it is only a matter of time before it catches up—if not surpasses—the United States’ early lead.

Despite popular rhetoric around the supposedly exorbitant prices of prescription drugs, the price of pharmaceutical products has increased far slower than the rate of inflation.

Chinese competitors stand about five years behind global leaders in high-volume manufacturing of leading-edge logic semiconductor chips and continue to trail in memory chips and semiconductor manufacturing equipment, although Chinese firms have made inroads in semiconductor design and production of legacy semiconductor chips.

While a labor shortage may drive up the cost of labor in the short run, in the long run it results in increased labor productivity and reduced prices.