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August 15, 2022

Podcast: What Happens to the Economy When Patent Protections Are Weakened, With Jonathan Barnett

Robust intellectual property rights provide the incentives necessary to drive innovation by allowing markets to form for tangible and intangible assets. Without them, incentives get distorted and innovation slows.

August 15, 2022

Fact of the Week: China Now Leads the World in the Number of Top-Cited Scientific Research Papers Produced

A recent report by Japan’s National Institute of Standards and Technology found that China accounted for 4,744 of the approximately 17,440 scientific research papers that made up the top 1 percent in terms of citations. This accounted for 27.2 percent of that group.

August 15, 2022

Turning Point for American Industrial Policy or One-Hit Wonder?

The CHIPS and Science Act provides critical support for semiconductor firms and boosts science funding significantly, especially for key technologies for U.S. competitiveness. But there are important questions about both the legislation and the overall direction of U.S. industrial policy.

August 15, 2022

Mission, Money, and Process Makeover: How Federal Procurement Can Catalyze Clean Energy Investment and Innovation

Using federal procurement to advance sustainable energy goals has had only limited success in the past. To break the pattern, the White House needs a plan that aligns with agency missions, is adequately funded, and fixes perverse budget and procurement rules.

August 10, 2022

A Tribute to FTC Commissioner Noah Phillips

During his four years of service, Commissioner Phillips proved himself to be a tremendously kind and knowledgeable person, making extraordinary contributions to the FTC’s work.

August 8, 2022

How Canada has Fallen Behind in the Global Race for Advanced Industries

When it comes to advanced industry competitiveness, Canada is unlikely anytime to be the Maple Leafs of the global economy. But with the right policies, it can at least move up the standings.

August 8, 2022

Maintaining a Light-Touch Approach to Data Protection in the United States

Data privacy regulations impose significant costs on businesses and the economy. Effective, targeted federal legislation would address actual privacy harms while reducing costs that hinder productivity and innovation.

August 8, 2022

Fact of the Week: The U.S. Share of Global VC Investments Received Fell to 47 Percent in 2020 From 80 Percent in 2000

Venture capital (VC) in the United States grew much faster in 2010-2020 than it did in 2000-2010, however there is a staggering rise of global VC that is causing the share in the U.S. to drop.

August 5, 2022

It’s Not Up for Debate. Remote and Hybrid Are the Future of Work—Even for Federal Employees

Though telework presents unique challenges, particularly in cybersecurity, Congress and the federal government should be thoughtful in its adoption, not obstinate in accessing its benefits just because an opposing party’s administration has made it a priority.

August 5, 2022

Senate Reconciliation Legislation Fails to Reconcile the Interests of Biomedical Innovation and Drug Price Affordability

The bill fails to recognize three critical realities: 1) that drug prices are, in fact, not a significant driver of raging inflation; 2) that there exist better mechanisms to reform Medicare Part D drug pricing practices; 3) that mandated government price controls do inflict serious harm on nations’ life-sciences innovation systems.

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