Xiaomi wants to join a growing list of companies—including Alibaba, Baidu, Huawei, Lenovo, and ZTE—that are gaining market share, not just in China, but globally. They would enjoy considerably less success if not for the Chinese government’s campaign of innovation mercantilism.
Innovation Files Blog
January 12, 2018
January 10, 2018
Policymakers should take an interest in understanding how data is transforming the economy, but looking to oil as a historical example is not productive writes Josh New in the Innovation Files. Data and oil have fundamentally different economic factors, and misapplying the analogy could undercut our ability to use data for the benefit of all.
January 8, 2018
Fact of the Week: Only About One in Five U.S. Scientists and Engineers Work in R&D-Performing Occupations
In the U.S. private sector, only one in five scientists and engineers work in R&D-performing occupations writes John Wu in Innovation Files.
December 18, 2017
The Ex-Im Bank’s role in supporting high-value-added U.S. exports is more important now than ever, especially as international export competition continues to grow unabated, with other countries hungry to export their products and services to international markets and willing to provide extremely generous financial assistance to facilitate those transactions when necessary.
December 15, 2017
ITIF’s recent report found that tech-based startups make up a relatively modest 2 to 3 percent of all businesses and employ just 0.75 to 1.25 percent of the workforce.
December 11, 2017
Fact of the Week: Technology-Based Economic Development Programs Generated 1,300 Additional Tech-Based Jobs Per Year Between 1981 and 2000
For the average state, tech-based economic development programs provide an additional 1,300 tech-based jobs a year, while an additional year’s commitment to the SBIR provides 2,000 more jobs, writes John Wu in Innovation Files.
December 4, 2017
Innovation Fact of the Week: NIH Would Need an Additional $11.6 Billion to Bring its Funding Back to Where it was in 2003 as a Share of GDP
For the U.S. government to restore National Institutes of Health funding to a level comparable to 2003, it would have had to allocate an additional $11.6 billion dollars last year, writes John Wu in Innovation Files.
November 27, 2017
$700 billion in U.S. GDP growth from 2010 to 2016 can be attributed to capital investments in IT, writes John Wu in Innovation Files.
November 20, 2017
Fact of the Week: Even in Recessions, EU Product Innovators Have Continued Increasing Employment by 8.5 Percent per Year
European product innovators—firms that release new goods and services into the market—increased their employment by 8.5 percent during recessions (versus 12 percent during booms), writes John Wu in Innovation Files.
November 16, 2017
Previously, there were few HPV tests well suited to developing countries, but a new product—Xpert HPV—changes this by offering an accurate, real-time, self-contained, and easy to use molecular testing mechanism that can be used at the point-of-care.