Everyone agrees the current tax system needs reform—it’s too complex, contains too many distortions, and harms the nation’s competitiveness. Unfortunately, the effort now underway in Congress is not going very well. This is largely because the current drafts in the House and Senate are built on faulty assumptions about how taxes affect economic growth.
Innovation Files Blog
November 10, 2017
November 9, 2017
In the home stretch of the FCC’s third attempt at a net neutrality regime, federal preemption of state-level net neutrality laws has emerged as a key issue. The FCC should make clear that broadband policy is made at the national, not state, level.
November 6, 2017
Fact of the Week: Firms Located in Italian Science Parks Developed an Average of 5 More Patents Between 2004 and 2012 Than Firms Located Elsewhere
The average technology-based Italian businesses located in a science park cluster produced 5 additional patents when compared to a similar business not located in a science park, writes John Wu in Innovation Files.
November 6, 2017
Mobile providers are itching to build new infrastructure to support small cells, or tiny towers necessary for advanced communications networks. But some cities, like San Jose, aren’t exactly rolling out the red carpet.
October 30, 2017
Fact of the Week: After Japan Opened a High-Speed Railway Line Between Tokyo and Nagano, Patenting by Businesses Along the Line Increased 5 Percent
After Japan opened a high-speed railway line between Tokyo and Nagano in 1997, patenting by businesses along the line increased 5 percent, writes John Wu in Innovation Files.
October 26, 2017
To best harness the opportunities presented by IIoT, the United States (like all countries) needs a national policy strategy. An effective national IIoT strategy should address what ITIF calls the 4 Ts: Talent, Technology, Tax, and Trade.
October 24, 2017
The lack of alternative diagnostic options has become a major roadblock to getting more people with HIV on the path to treatment. But an innovative new product may finally do this.
October 23, 2017
Fact of the Week: The Gap in ICT Investment Between the United States and Canada Widened by 12 Percentage Points From 2008 to 2014
While private investment in ICT per Canadian worker has been lower than U.S. levels since the 1980s, it has dropped to new lows in recent years, writes John Wu in Innovation Files.
October 16, 2017
Fact of the Week: In Developing Countries, Increasing the Availability of Bank Credit Raises the Probability a Firm Will Invest in R&D by 7.6 Percent
Adding 10 more bank branches per 100,000 adults in developing economies increases the probability that businesses will invest in R&D by 7.6 percent, writes John Wu in Innovation Files.
October 10, 2017
Fact of the Week: The United States Developed 75 Percent of all Artificial Intelligence Patents From 2000 to 2016
U.S. businesses and universities developed 75 percent of all global patents in artificial intelligence from 2000 to 2016, writes John Wu in Innovation Files.