The re-authorization of the America COMPETES Act will help foster innovation and American global competitiveness, but more can be done.
The reauthorization of the America COMPETES Act through a solid bipartisan vote in the House Science and Technology Committee represents a step in the right the direction. In a WebMemo, ITIF explains that the measure authorizes a number of programs aimed at closing the country’s innovation gap and includes some modifications long advocated by ITIF.