Tech policy broadly defined becomes more important each presidential election, and this one is no different. As it has in every cycle since 2008, ITIF provides a side-by-side comparison of the nominees’ positions on key issues related to the progress of technological innovation.
Science and R&D
October 18, 2019
ITIF filed comments responding to the Office of Science and Technology Policy’s request for information on the bioeconomy.
October 15, 2019
Fact of the Week: U.S.-Based Scientists Have Published 44 Percent of Recent AI-Related Scientific Articles but Have Been Awarded Only 20 Percent of AI-Related International Patents
Innovation can be approximated across many different metrics, which can present very different impressions of where new technologies are being created and utilized. In a new report, the OECD has analyzed the 2,000 companies that invest the most in R&D for their output related to artificial intelligence.
September 30, 2019
Fact of the Week: Companies 10 Years Ahead of the Curve Advertising Job Openings With New Titles Invest 63 Percent More of Their Revenue Into R&D
As technology changes the nature of jobs, the language we use to describe them changes too. A new study makes use of this phenomenon to analyze a database of 5 million job advertisements that appeared in newspapers from 1940 to 2000, calculating when a job title first came into use.
September 19, 2019
Climate change, pollution, and the economy’s sensitivity to energy prices all make continued environmental innovation a key priority.
September 12, 2019
Why Federal R&D Policy Needs to Prioritize Productivity to Drive Growth and Reduce the Debt-to-GDP Ratio
The federal government should significantly increase spending on research and development that specifically targets technologies likely to boost productivity in order to spur growth and reduce the budget deficit.
September 9, 2019
Academic studies consistently show that a reduction in current drug revenues leads to a fall in future research and the number of new drug discoveries.
August 28, 2019
If the U.S. economy is to regain its international competitiveness, especially vis-à-vis China, it will have to accelerate innovation, including in advanced-industry production.
August 26, 2019
Fact of the Week: Every Dollar Canadian Firms Invested in R&D Between 2000 and 2012 Added Another 33 Cents to the Rest of the Economy
When a business makes a new discovery, it cannot capture all the profits for itself, because competitors can replicate the discovery or use it to pursue their own new research opportunities. This positive spillover effect doesn’t provide an incentive for businesses to invest in R&D, but it helps the rest of society, which is one reason why governments subsidize R&D investments.
August 26, 2019
The Global Energy Innovation Index: National Contributions to the Global Clean Energy Innovation System
Since 2015, 24 nations and the EU have joined “Mission Innovation,” pledging to double public investments in energy RD&D and collaborate on key innovation challenges. This report seeks to provide accountability for these commitments and lay the foundation for more ambitious measures.
August 12, 2019
The United States is continuing to drift in the wrong direction when it comes to federal funding for research and development (R&D).