Competitiveness

Export controls exist at the perilous intersection of economic policy and national security. What could go wrong?

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.

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.

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.

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.

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.

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.

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.

Please join ITIF for a discussion with state leaders about how to successfully implement the CHIPS Act.

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.