As policymakers consider the value of small business innovation programs, they should understand that their returns on investment are considerably larger than conventional estimates indicate.
Science and R&D
July 6, 2020
A new study examines the number of researchers in the public and private sectors between 1981 and 2017 across 20 OECD countries, finding that a doubling of private researchers increases productivity growth by 4.3 to 7.2 percent, while doubling public researchers increases productivity growth by 6.1 to 20.6 percent.
June 29, 2020
A substantial portion of patents (28.2 percent in 2017) rely on government-funded research.
June 15, 2020
Researchers estimate that Chinese companies with a CEO who has less than a college degree invest 1.6 percent less of their assets into R&D and file 28 percent fewer patent applications.
June 8, 2020
What many don’t realize is how important federal investments were in kick-starting the growth of Silicon Valley and other tech hubs in the past.
May 4, 2020
As policymakers consider the value of small business innovation programs, they should understand that their returns on investment are considerably larger than conventional estimates indicate.
April 27, 2020
Public research institutes (PRIs) are government-owned non-academic centers designed to collaborate with other research groups. They are a key complement to firms’ own R&D investments, although they are often overshadowed.
April 6, 2020
In the wake of economic downturns, companies are forced to cut costs, often turning to R&D activities, which have a low impact on short-term revenue. A new study has isolated one of the mechanisms through which this takes place by examining patenting in the years after different kinds of economic crises.
March 31, 2020
The failure of small venture-backed businesses to qualify for Paycheck Protection Loans could cost more than 275,000 jobs this year directly and more 1 million jobs in total, including indirect losses. The Trump administration should waive the Small Business Administration’s “affiliation rule” in this crisis to prevent these mass layoffs and furloughs.
March 23, 2020
The economic and social impacts of COVID-19 are widespread and profound, so much so that it will take a long time to catalogue and assess them all in detail.
February 18, 2020
ITIF hosted an expert panel discussion on the risks of expanding export controls on U.S. technologies too far, and the strategic considerations involved in getting the balance right.