Policymakers can and should do more to support blockchain innovation and adoption, such as ensuring regulations are targeted and flexible, so as to encourage blockchain experimentation.

A Policymaker’s Guide to Blockchain

Policymakers should seek to maximize the benefits of Internet openness while maintaining carefully designed guardrails that reduce the Internet’s most clearly harmful uses.

The Case for a Mostly Open Internet

Watch ITIF's event at the Dirksen Senate Office Building (SD-562) as it released a new report exploring the promise of HPC in the exascale era, examining some of the latest cutting-edge applications of HPC, and articulating steps policymakers should take to keep the United States at the leading-edge of this highly globally competitive, yet truly foundational information technology.

A New Frontier: Leveraging U.S. High-Performance Computing Leadership in an Exascale Era

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.

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

The United States is the leader in life sciences innovation, but that has not always been the case. As global competition intensifies, it needs to continue spurring investment in R&D to stay on top. Rob and Jackie sat down with Stephen Ezell, vice president of global innovation policy at ITIF, to discuss the history of U.S. life sciences innovation and break down R&D costs versus the market prices of innovative biopharmaceuticals.

Podcast: R&D Costs, Rx Prices, and the Formula for Success in Life Sciences Innovation, With Stephen Ezell

America is built around innovation. Everywhere that is, except in energy. It’s time to change that.

The New Energy Conversation

No, this is not another blog post about the Oscars.  In case you missed it, this week the USTR released its “Out-Of Cycle Review of Notorious Markets.” This used to be published as part of the Special 301 Report which looks at IP violations by U.S. trading partners, but is now published separately. Basically, this is a sampling of some of the “Worst of the Worst” places for copyright infringement and counterfeiting. USTR describes the list as follows: “The Notorious Markets List identifies selected markets, including those on the Internet, which exemplify the problem of marketplaces dealing in infringing goods and helping to sustain global piracy and counterfeiting.  These are marketplaces that have been the subject of enforcement action or that may merit further investigation for possible intellectual property rights infringements.” 

And the Winner Is...

China is at the global forefront of the electric vehicle (EV) and EV battery industries. Its firms produce nearly two-thirds of the world’s EVs and more than three-quarters of EV batteries. They also have produced notable innovations in EV products, processes, and customer experiences.

How Innovative Is China in the Electric Vehicle and Battery Industries?

Tune in for an expert panel discussion examining where Japan faltered in this sector, what it must do to restore its life-sciences innovation leadership and competitiveness, why that would be in the best interests of both Japan and the United States—and what America must do to avoid following in Japan’s footsteps.

Lessons From the Rise and Fall of Japan’s Life-Sciences Innovation Ecosystem

The process of “creative destruction,” whereby new technologies and business models displace old ones, is key to growth and innovation. The evolution of the retail industry illustrates why it is beneficial and sheds light on the pitfalls of current legislative and regulatory efforts to limit it.

The Process of Creative Destruction, Illustrated: The US Retail Industry

Continued leadership in high-performance computing (HPC) as it enters the exascale era remains a key pillar of U.S. industrial competitiveness, economic power, and national security readiness. Policymakers need to sustain investments in HPC applications, infrastructure, and skills to keep America at the leading edge.

A New Frontier: Sustaining U.S. High-Performance Computing Leadership in an Exascale Era

America has lost 70 percent of its semiconductor manufacturing capacity over the last three decades. That serves as a harsh lesson for policymakers: Failing to maintain a supportive policy environment could set up other high-tech industries to falter, too.

Going, Going, Gone? To Stay Competitive in Biopharmaceuticals, America Must Learn From Its Semiconductor Mistakes

A vocal group of alarmists worry that the pace of automation will soon displace human labor to such an extent that many workers will be left with nothing to do. Never mind that generation after generation of technological innovations in industries ranging from textiles to steel to banking have always produced the opposite result: expanding the labor force, not wiping it out.

Podcast: How Automation Expands Opportunities for Human Labor, With James Bessen

Instead of conflicting mandates, the Biden administration should articulate a coherent set of policies recognizing that IP represents a fundamental and distinguishing driver of American innovation and technological competitiveness. Support for the TRIPS COVID-19 IPR waiver cannot be consonant with such an agenda.

USG Remains Misguided in Endorsing COVID-19 TRIPS IPR Waiver

This reversed the trend observed between 1995 and 2012, where the number of such patents granted increased at a rate of 10.3 percent per year.

Fact of the Week: The Number of High-Value Patents Granted for Climate Change Mitigation Technologies Decreased by 5.5 Percent Per Year from 2013 to 2017

Fact of the Week: The Price of Drugs Has Increased 40 Percent Less Than the Average US Product

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A Policymaker’s Guide to Blockchain

The Case for a Mostly Open Internet

A New Frontier: Leveraging U.S. High-Performance Computing Leadership in an Exascale Era