R&D and Innovation

The federal government should take aggressive steps to spur the development of more tech hubs in America’s heartland by identifying promising metro areas and helping them transform into self-sustaining innovation centers.
R&D and Innovation
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September 24, 2018
Large bodies of research have established that firms can benefit from the spillover effects of innovation by other firms and universities, but significantly less is known about the extent to which firms benefit from R&D conducted by governments outside of academia. This year, the U.S. government launched the Unleashing American Innovation initiative, attempting to maximize private use of public research, which a new paper indicates is badly needed.
September 10, 2018
Federal funding of private R&D comes in two forms: grants, in which the government has very little interaction with the research decisions made, and cooperative agreements, in which the government has significant control over research decisions and much more detailed project monitoring. Whether this higher level of government involvement hinders researchers by increasing bureaucracy or ensures that funding is not misallocated is hotly contested, but a paper released in June gives reason to believe that cooperative agreements are used well.
August 20, 2018
In a book review for the New York Journal of Books, Rob Atkinson writes that “Never Lost Again” is a first-class business story, illuminating broader lessons that are easy to overlook when we think about high-tech startups.
July 30, 2018
While the U.S. government should expand federal support for scientific research, it also should improve the efficiency with which federally funded knowledge creation leads to innovation and jobs.
July 1, 2018
As David Hart and Stephen Ezell writes for Crain’s Cleveland Business, bringing the Energy Department’s voucher program to all national labs could help small businesses across the country.
June 28, 2018
As ITIF’s Stephen Ezell and Richard Owens of the Macdonald Laurier Institute write for the Financial Post, free-riding on drug prices is an example of how Canada refuses to step up to what is required for a globally leading innovation culture.
June 25, 2018
In an op-ed for The Hill, Joe Kennedy explains why the United States and other nations should use carbon taxes to slow greenhouse emissions.
June 25, 2018
Evidence shows a carbon tax will induce innovation that will lower the cost of reducing CO2 emissions. If the revenues are recycled to expand tax incentives for research and capital investment, a modest carbon tax would likely lead to faster GDP growth.
June 21, 2018
ITIF hosted a discussion with author Mark Zachary Taylor to better understand the politics of innovation and the implications for the United States.
June 5, 2018
A growing number of policymakers and pundits appear now to understand that the United States’ lead in innovation is not as secure as it once was.

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