Technology Diffusion

Detractors of capitalism argue that it took over fifty years for the British Industrial Revolution’s benefits to reach average workers. That narrative is at best contested and, at worst, wrong.

Some Korean commentary misreads AGI as a threat to labor and a rationale for public compute. In reality, AGI is better understood as a productivity shock that expands economic output. Resetting the narrative is essential for Korea to pursue policies that strengthen private-sector capacity, support AI diffusion, and enhance innovation.

Between 2015 and 2024, the cumulative VC investment gap came to $1.21 trillion.

Governments must treat productivity growth as a deliberate pursuit, not a happy accident. A global effort to identify, study, and replicate best-in-class practices would move us closer to that goal.

For the EIA to succeed, the Commission needs to address Europe’s broader economic policy environment. The EU’s reliance on the precautionary principle has entrenched a risk-first mindset that slows innovation and diverts resources away from competition and quality improvement.

Stephen Ezell sat down with Prof. Mahesh Panchagnula to explore the realities of innovation and entrepreneurship.

What’s more likely to boost growth and tech leadership: a targeted innovation strategy for robotics or one focused on cleaner oceans? Just asking.

In a random sample of start-ups collected from U.S. Census Bureau data, just 11.6 percent adopted advanced technology; however, these firms accounted for 39 percent of total employment and 44 percent of total revenue in the sample.

Canada needs a new federal institution that makes its innovation system more than the sum of its parts: a Canadian Innovation and Industrial Transformation Agency. This institution wouldn’t replace programs. It would govern them coherently, strategically, and at speed.

This collaborative project between ITIF and Chey Institute for Advanced Studies compares and contrasts the national innovation systems of five economies—the United States, Korea, China, Japan, and Taiwan—to determine how well they are positioned to support innovation in key foundational and emerging technologies.