Congress should create a U.S. Economic Competitiveness Commission to provide an independent assessment of U.S. competitiveness in traded sectors, including but not limited to manufacturing.

To Do: Create a U.S. Economic Competitiveness Commission

Congress should mandate the creation of a traded-sector analysis unit to assess key indicators of overall U.S. competitiveness performance and develop strategic policy roadmaps for key traded sectors.

To Do: Create a Traded-Sector Analysis Unit Within the Federal Government

Smart regulatory reform focused on sectors that compete internationally can boost U.S. economic competitiveness while maintaining, or even increasing, social benefits.

Reforming Regulation to Drive International Competitiveness

The White House or Congress should create an OMB Office of Innovation Policy Review to push agencies to either affirmatively promote innovation or achieve a particular regulatory objective in a manner least damaging to U.S. innovation.

To Do: Create an OMB Office of Innovation Policy Review

Congress or the White House should create a national industrial intelligence unit within the National Intelligence Council to better assess competitive challenges to the U.S. economy.

To Do: Create a National Industrial Intelligence Unit

The administration should establish a National Competitiveness Council to formulate and coordinate advanced-industry competitiveness policy across the federal enterprise.

To Do: Establish a National Competitiveness Council

Congress should direct NSF to establish stronger university entrepreneurship metrics and use them to provide stronger incentives for commercializing research.

To Do: Direct NSF to Establish Stronger University Entrepreneurship Metrics

Merger guidelines should do more to support innovation, productivity, and global competitiveness among U.S. firms, according to a new report.

Merger Guidelines Should Support Innovation, Productivity, and Global Competitiveness, Report Argues

ITIF held a webinar on March 26 exploring how competition authorities can better consider the productivity and competitiveness implications of antitrust policy, including in merger reviews.

To Do: Require OIRA to Incorporate a “Competitiveness Screen” in Regulatory Reviews

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Editors’ Recommendations

Fifty Ways to Leave Your Competitiveness Woes Behind: A National Traded-Sector Competitiveness Strategy

Related

To Do: Create a U.S. Economic Competitiveness Commission

To Do: Create a Traded-Sector Analysis Unit Within the Federal Government

Reforming Regulation to Drive International Competitiveness