As nations engage in a race for global advantage in innovation, ITIF champions a new policy paradigm that ensures businesses and national economies can compete successfully by spurring public and private investment in foundational areas such as research, skills, and 21st century infrastructure. Our work on competitiveness policy includes analysis of the many factors and policies driving national competitiveness, including improving innovation ecosystems and the technical capacity of high-value-added 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.
More Publications and Events
November 28, 2022|Reports & Briefings
Why Congress Should Restore Full Expensing for Investments in Equipment and Research and Development
The tax law allowing firms to fully expense their research and development (R&D) costs expired at the end of 2021, and full expensing of equipment costs will begin phasing out in 2023. This decreases firms’ incentive to invest in these key drivers of economic growth and competitiveness. Congress should restore and make permanent full expensing for these investments.
November 21, 2022|Blogs
Fact of the Week: 35 Percent of US Inventors Are Foreign-Born, Per a Recent CES Paper
A recent paper published by the Center for Economic Studies finds that just under 35 percent of inventors (those granted patents) in the U.S. in 2016 were born abroad.
November 18, 2022|Testimonies & Filings
Comments to the National Institute of Standards and Technology Regarding Implementation of the CHIPS Incentives Program
The United States must get the CHIPS Incentives program right, because if it fails to do so, the United States is seriously at risk of losing long-term competitiveness in the semiconductor industry.
November 14, 2022|Events
Regional Competitiveness and Technological Innovation: Comparing North America and the EU and Learning From Best Practices
Please join ITIF, the Institute for Competitiveness (I-Com), and the German Economic Institute (IW) for the release of a joint study examining subnational economic systems in North America and the European Union from an innovation-competitiveness perspective.
November 14, 2022|Reports & Briefings
The Transatlantic Subnational Innovation Competitiveness Index: Data Visualization
Innovation ecosystems are increasingly complex and diverse, but there are common markers of core strength. This visualization benchmarks 96 states and regions across Germany, Italy, the United States, and Canada.
November 14, 2022|Press Releases
US Should Compete More Vigorously With China, Says ITIF
The United States should not just continue to “compete vigorously with the PRC”—we should compete MORE vigorously.
November 14, 2022|Reports & Briefings
The Transatlantic Subnational Innovation Competitiveness Index
Innovation ecosystems are increasingly complex and diverse, but there are common markers of core strength. In this report, the Information Technology and Innovation Foundation, the German Economic Institute, the Institute for Competitiveness, and the Macdonald-Laurier Institute benchmark 96 states and regions across Germany, Italy, the United States, and Canada.
November 8, 2022|Op-Eds & Commentary
How to Win the U.S.-China Economic War
It is dawning on the United States that China is not just a military adversary but an economic one. The two countries are at war for primacy in both innovation and production capacity as much of Beijing’s economic gain in advanced industries comes at Washington’s loss—and vice versa. This trend is likely to continue.
October 24, 2022|Podcasts
Podcast: Seven Ways Nations Attain and Keep National Competitiveness, With Michael Mazaar
The U.S. is currently lacking most if not all of identified characteristics that are associated with competitive advantage, but there are potential steps that can be taken moving forward.
October 24, 2022|Blogs
Fact of the Week: China Jumps to 11th Overall in the 2022 Global Innovation Index
China ranked 11th overall in the World Intellectual Property Organization’s 2022 Global Innovation Index, up 23 spots from ten years ago.