A recent majority staff report summarizing the findings of a yearlong House Antitrust Subcommittee investigation into competition in digital markets is filled with analytical errors that highlight larger problems with the report’s basic framing and policy conclusions.
August 19, 2019
Fact of the Week: When Countries Double Immigration of Inventors From Places That Specialize in a Given Technology, They are 25 to 50 Percent More Likely to Produce new Patents in That Technology After 10 Years
When skilled migrants come to a new country, they bring both expertise in their fields and connections to experts in their home countries, increasing the likelihood that they will produce new inventions in the fields in which their home countries excel. New research has provided the broadest estimation of this effect, examining immigration between 135 countries and patents in 651 technological categories from 1990 to 2010.
July 8, 2019
Fact of the Week: The Chinese Government Provided Approximately $132 Billion in Export Financing in 2018
Until the last decade, major nations primarily provided financing to domestic exporters only as a lender of last resort. Since then, official medium- and long-term export crediting has more than doubled from $55 billion in 2008 to $129 billion in 2018.
April 9, 2019
America’s ability to compete globally in biomedical innovation is being threatened.
April 8, 2019
If China were only a copier, then the competitive threat to advanced economies would be limited. But there is no reason to believe China won’t follow the path of “Asian tigers” that rapidly evolved from copiers to innovators, which poses a serious threat.
April 1, 2019
As Rob Atkinson writes for Germany’s Frankfurter Allgemeine Zeitung, Margarethe Vestager’s decision to veto a merger between rail companies Alstom and Siemens shows how preventing EU firms from merging will result in weakened and shrunken European competitors.
March 28, 2019
The United States has long been a magnet for the best talent in the world, particularly in science and engineering disciplines. But now, as American policymakers engage in a necessary debate about low-skill immigration, that issue has been conflated with the separate issue of high-skill STEM immigration, and the unfortunate result has been unduly harsh scrutiny and stricter limits on the latter. ITIF hosted a panel discussion exploring the controversies of the H-1B visa.
December 5, 2018
The U.S. needs to cultivate more and better clusters of small and medium-sized (SME) manufacturing firms in order to compete in a global industry with an increased reliance on smart manufacturing technologies. Join ITIF for a morning conference exploring how digital technologies such as artificial intelligence, big data, 3D printing, and the Internet of Things are reshaping modern manufacturing and what policymakers can do to help foster high-performance SME manufacturing clusters.
November 29, 2018
In an op-ed for the Washington Post, Rob Atkinson outlines the bottom-line conditions President Trump should demand from China for ending U.S.-imposed tariffs.
November 19, 2018
Fact of the Week: Venture Capital Invested in EU Technology Firms Has Fallen by More Than 50 Percent Since GDPR
Despite some wishful thinking by its proponents, it was widely predicted that GDPR would hamper European technology firms’ ability to compete globally. A recent study has validated that prediction.
November 5, 2018
Fact of the Week: Between the 1850s and 1920s, Increases in Patents Filed by Immigrants Led to Increased Patent Filings by Native Residents
According to a new study, foreign inventors facilitated native-born inventors, rather than crowding them out. Controlling for city size, a 10 percent increase in the number of patents filed by immigrants increased the number of patents filed by natives in in their respective cities by 4 percent.