The election will also help determine whether America can sustain its role as a global innovation leader. The Information Technology and Innovation Foundation (ITIF), a think tank with close links to the tech industry, points out that the U.S. would need to spend at least an additional $100 billion a year, or an increase of around 80% over current spending levels, just to match what it was investing in research as a percentage of GDP back in the 1980s.
