Enterprise Policy

Please join ITIF’s Centre for Canadian Innovation and Competitiveness for a virtual panel featuring leading experts who will discuss what is driving Canada’s capital exodus and what it will take to fix it.

Seventy percent of young Koreans hold university degrees. Only 14 percent of jobs are in large firms. The most immediate concern is not jobs disappearing due to AI, but that there are too few high-quality jobs in the first place.

We should want companies to shed workers they no longer need. Productivity gains flow to lower prices, higher wages, and long-term growth. Don’t slow innovation—accelerate it.

A recent paper finds that mergers and acquisitions (M&As) in which a public company acquires a private company have more positive innovation outcomes than do public-public acquisitions.

Cloud computing, artificial intelligence (AI)-based tools, digital advertising, e-commerce platforms and online human resources systems have become the most practical way smaller firms close the capability gap with larger competitors.

Canada’s first major test of its reformed competition law centers on Amazon’s pricing rules, but the Competition Bureau’s case risks punishing a policy that lowers prices for consumers and mistaking competition on the merits for anticompetitive conduct.

With capital-lite corporate strategies shaped by Wall Street’s demand for high returns on assets and invested capital, U.S. firms invest relatively little in robotics. Meanwhile, China’s capital-heavy model fuels rapid productivity gains.

Americans have forgotten that prosperity depends on valuing productivity, grounding ideals in realism, striving for progress, and maintaining the optimism and adventurous spirit to embrace change.

Korea has entered the global top four economies in innovation, powered by world-class research intensity and corporate R&D. Amid a persistent input–output gap and weak startup M&A activity, the challenge now is scale: converting knowledge into globally competitive firms.

Although the seven values of the American Business Creed were widely accepted in the 1950s, two have eroded over time, driven largely by changes in business itself.