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Competitiveness

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.

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.

June 27, 2022

Latin America’s Advanced Industry Decline: What Explains the Region’s Poor Performance in Growing, or Even Retaining, Its Global Competitiveness in Advanced Industries?

If Latin America wants to avoid this fate, it needs to make a key decision: does it want to look east to China or north to the United States. The United States is leading the world in efforts to get China to roll back its unfair, mercantilist trade and economic policies. But that task will be much harder if the region sides with China or avoids the fight altogether and sits on the sidelines.

June 22, 2022

The World After Ukraine

Putin’s attack should galvanize real foreign policy, defense policy, and industrial policy cooperation among democratic, allied nations.

June 21, 2022

Assessing the Competitiveness of North America’s States: The North American Subnational Innovation Competitiveness Index

Join ITIF for a virtual event for the release of a new report ranking North American states and provinces on 13 indicators of competitiveness in the increasingly innovation-driven global economy.

June 21, 2022

The North American Subnational Innovation Competitiveness Index: Data Visualization

The North American innovation ecosystem is increasingly diverse. This index identifies economic differences among states and provinces in Canada, the United States, and Mexico to highlight regions needing more federal attention, identify cross-national innovation performance, and track the continent’s overall competitiveness in the innovation-driven global economy.

June 16, 2022

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

Korea’s Advanced Industry Success Story

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

June 13, 2022

How Flawed Thinking Limits America’s National Industrial Strategy

Before policymakers can act, there needs to be a consensus that there is a problem, and a role for policy in solving it. When it comes to competitiveness, too many in Washington don’t recognize this.

June 8, 2022

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).

June 6, 2022

Podcast: When the Chips Are Down: Why Domestic Semiconductor Production Matters, With John Zysman

Rob and Jackie sat down with John Zysman, a professor emeritus at UC Berkeley and co-founder/co-director of the Berkeley Roundtable on the International Economy, to discuss why U.S. semiconductor production has dropped so far down, what it portends, and how America can regain its footing in the industry.

May 31, 2022

Why the Bipartisan Innovation Act is Crucial for U.S. National Security

ITIF hosted a discussion on why prompt passage of the BIA during the summer of 2022 is vital for U.S. national security.

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