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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
October 2, 2023|Podcasts
Podcast: Getting Export Controls Right, With Kevin Wolf
Export controls exist at the perilous intersection of economic policy and national security. What could go wrong?
September 25, 2023|Reports & Briefings
Comparing Canadian and U.S. R&D Leaders in Advanced Sectors
R&D-intensive companies are key to national growth and competitiveness. Canada lags far behind the United States and the rest of the world in R&D-intensive firms. The Canadian government should consider reforming and expanding its SR&ED tax incentive.
September 25, 2023|Press Releases
Canada’s Business R&D Is One-Fifth the Size-Adjusted Global Average in Advanced Industries, New ITIF Report Reveals
Canada is lagging far behind the United States and the rest of the world in business spending on research and development (R&D) advanced sectors—five times less than the global average relative to the size of its economy.
September 25, 2023|Blogs
Fact of the Week: The U.S. Entrepreneurship Rate Reached a 24-year High of 19 percent in 2022
Covering 21 high-income countries with a per-capita GDP of at least $40,000, the survey shows entrepreneurship has been on the rise in the U.S. since 2015.
September 14, 2023|Reports & Briefings
Latin American Subnational Innovation Competitiveness Index
For policymakers to bolster the global competitiveness of their nations and regions, they first must know where they stand. This report benchmarks the 182 regions of Brazil, Chile, Colombia, Mexico, Peru, and the United States using 13 commonly available indicators of strength in the knowledge economy, in globalization, and in innovation capacity.
September 14, 2023|Reports & Briefings
Transatlantic Subnational Innovation Competitiveness Index 2.0
For policymakers to bolster the global competitiveness of their nations and regions, they first must know where they stand. This report benchmarks the 121 regions of Austria, Germany, Hungary, Italy, Poland, Sweden, and the United States using 13 commonly available indicators of strength in the knowledge economy, globalization, and innovation capacity.
September 14, 2023|Events
Innovation and Competitiveness: GTIPA Summit, 2023
Join members of the Global Trade and Innovation Policy Alliance (GTIPA) for a series of expert panel discussions on technology and innovation policy. Topics will include the keys to subnational innovation competitiveness in Europe and South America, optimal ways to stimulate life sciences innovation, how digital technologies can drive decarbonization, and the possibilities for reimaging value chains in the global trading system.
September 11, 2023|Blogs
New BEA Data Shows Sharp Increase in Greenfield FDI in 2023
There is nothing inherently wrong with acquiring firms or facilities; however, greenfield expenditures play an especially important role because they expand domestic capacity, which is crucial for continued growth in the United States.
September 6, 2023|Events
How Can States Help the CHIPS Act Succeed?
Please join ITIF for a discussion with state leaders about how to successfully implement the CHIPS Act.
September 5, 2023|Blogs
Chinese Manufacturers Use 12 Times More Robots Than U.S. Manufacturers When Controlling for Wages
The implications of this should be clear. The only way for the United States to compete with dollar-adjusted lower manufacturing wages in China is for manufacturers in America to be more productive—and automation, including robotics, is the key way to do that.