Publications

Antitrust policy relies too heavily on static models that focus on prices and market shares while treating innovation as external. A dynamic approach that views competition as a process of innovation is better suited to guiding policy in today’s technology-driven economy.

According to the BEA’s R&D Satellite Account, R&D value added has increased in real terms from 2013 to 2023 by 63 percent.

Strict data privacy laws like the GDPR have significantly reduced biopharmaceutical R&D investment—especially among smaller firms—highlighting the need for U.S. policymakers to reform HIPAA, pass innovation-friendly federal privacy legislation, and invest in privacy-enhancing technologies to protect both privacy and progress in medical research.

The EU’s overbroad interoperability mandates target U.S. tech firms, delay new features for European users, and open the door for China to challenge Western tech leadership.

America’s wireless future depends on efficient spectrum use—and unlocking more federal airwaves for commercial innovation will strengthen both the economy and national security.

The collapse of a UK espionage case against alleged Chinese spies highlights Britain’s refusal to call China a security threat, exposing a dangerous weakness driven by economic dependence.

If Senator Sanders wants to raise wages, he should focus on the real cause of slow growth, lagging productivity from low capital investment, instead of stymieing AI.

This merger will be a win for consumers and regulators should not stand in the way.

Asians earn bachelor’s degrees in STEM fields at much higher rates than other racial and ethnic groups, strengthening the United States’ innovation capacity, industrial base, and global competitiveness. Their academic success is an asset that should be rewarded, not penalized.

A new proposal to tax university patent royalties would do little to benefit taxpayers while undermining the Bayh-Dole system that drives U.S. innovation, risking America’s global leadership in turning research into real-world breakthroughs.