China will likely be the biggest business disruptor of the 2020s, but the discussion about how to respond has yet to take shape. A strategic framework should rebalance the global supply chains, bolster competitiveness, adjust to China’s market size, and solidify the West’s appeal.
Publications
August 31, 2020
Chinese students averaged 164.7, a score surpassed by only about 4 percent of U.S. test-takers.
August 31, 2020
Innovation is central to addressing global climate change while increasing economic growth, boosting international competitiveness, and strengthening energy security. Yet out of a $4 trillion budget, the United States only invest about $8 billion a year—or 0.04 percent of GDP—on clean energy research and development.
August 30, 2020
ITIF's Center for Data Innovation submitted feedback to the European Commission’s roadmap titled “Inception Impact Assessment for Revision of the eIDAS Regulation – European Digital Identity (EUid).”
August 28, 2020
Uber and Lyft had suggested they would be forced to shut down their activities in California, leaving many workers with less work and consumers with fewer options. But the outcome of the case remains uncertain, and while a referendum this fall could eventually repeal the law, their business model remains under attack.
August 27, 2020
The draft Mandatory Bargaining Code for News Media and Digital Platforms is predicated around the false idea that news aggregators take advantage of news publishers.
August 25, 2020
The scholarly evidence finds that public R&D “crowds in” private R&D—with increases in public R&D on average leading to greater, not less, business R&D.
August 24, 2020
Analysis of a survey of Swedish firms found that 65 percent of firms that conduct in-house software development had recently introduced a new product or service, compared to 46 percent for firms that contract out software development and 32 percent for firms that do no software development.
August 24, 2020
Collaborations between climate-tech start-ups and government partners enhance start-up patenting and follow-on financing more than comparable collaborations with private firms or universities. Policies that foster them should be strengthened.
August 24, 2020
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.