ITIF’s submission focuses on the ITC’s interest in recent developments in the digital economy for key SSA markets, including national and regional regulatory and policy measures and market conditions that affect digital trade.
When attempting to evaluate the effect that a policy intervention can have on development or innovation, researchers and policymakers routinely look to short-term impacts, both out of urgency and because of the difficulty in maintaining contact with participants over several years.
Over the last decade, mobile money services have brought banking to populations that have lacked formal financial services by allowing users to manage money on their mobile phones. First launched in Kenya in 2007, 96 percent of Kenyan households now use mobile money and can withdraw funds in physical currency from 110,000 agents across the country.
Meet Arthur Zang, a 29 year-old Cameroonian engineer who invented the handheld Cardio-Pad, the world’s first medical tablet facilitating heart examinations and remote diagnosis. The Cardio-Pad is a touch-screen tablet device for conducting cardiac tests such as electrocardiograms in remote locations, and then sending the results to cardiologists in city centers often hundreds of miles away.
The lack of an American industrial policy made it easier for Korea and other nations to close the gap with America, and to surpass the U.S. in certain areas. But that may be finally beginning to change.
the core challenge now for the Korean innovation economy is to fully make the switch from being a “fast follower” (an economy in which firms are not on the global leading edge of innovation, but rapidly copy the leaders) to being a global innovation leader.
The most important thing to understand is that U.S. policy will not return to the status quo that existed before President Donald Trump.
The trade-off between economic growth and environmental sustainability may be overstated.
With the rise of China, the U.S. economic and technology environment has fundamentally and inexorably changed. America needs an advanced technology industrial policy to compete effectively—but that will require modernizing hidebound economic thinking that has long considered “industry policy” to be anathema.
There weren’t many Chinese tech companies that the Trump administration didn’t sanction or at least threaten. What did that achieve in the technological race with China? What was the impact on the American brand writ large? And what should the Biden administration do next?
Passing a time-limited tax incentive for firms that move Chinese production to U.S. Labor Department–designated “labor surplus areas” would weaken China’s economic and technological capabilities by reducing production there while strengthening U.S. capabilities by increasing domestic production, and it would help economically distressed and disadvantaged cities and counties across the nation.
China’s mercantilist strategy to grab market share in the global semiconductor industry is fueling the rise of inferior innovators at the expense of superior firms in the United States and other market-led economies. That siphons away resources that would otherwise be invested in the virtuous cycle of cutting-edge R&D that has driven semiconductor innovation for decades.
Transatlantic data flows are essential to organizations of all sizes and industries—not just large technology firms. The EU and United States must establish clear, consistent legal mechanisms for data transfers so both sides can thrive in an increasingly digital global economy.
ITIF's Center for Data Innovation hosted a video webinar to discuss the transatlantic opportunities and challenges to promoting better cooperation in military use of AI.
ITIF's Center for Data Innovation hosted a discussion about what the digital sector needs to unlock the power of data while spurring competition and innovation.
Source: Philippe Aghion, Antoin Bergeaud, and John Van Reenen, “The Impact of Regulation on Innovation,” December, 2019.
Colombia faces significant political, social, and economic hurdles in building its digital economy, yet its progress toward developing a robust strategy deserves recognition. It has an opportunity to be a trailblazer and regional role model.
Colombian citizens and businesses use government websites every day to find important information and access public services, and so it is important for those websites to meet basic standards for security, speed, mobile friendliness, or accessibility. According to a new report[RC1] released jointly today by two leading think tanks, the Information Technology and Innovation Foundation (ITIF) and TicTac, Colombian government agencies have opportunities to modernize their sites by further investing in cybersecurity, mobile-friendly web design, and cloud-based hosting.
Citizens and businesses rely on government websites to access important information and services. Unfortunately, many Colombian government websites fail to meet basic website standards for security, speed, mobile friendliness, and accessibility.
Europe is trying to get other nations, including in Latin America, to adopt its regulatory regime in order to reduce its own competitive disadvantage.
The United States and other developed, democratic societies have a moral obligation to ensure the world’s citizens receive COVID-19 vaccines and therapeutics. But there is absolutely no need to abrogate IP rights to fulfill that objective.
Intellectual property has proved to be indispensable in developing effective vaccines and therapeutics. Nevertheless, advocates have seized the moment to petition the WTO’s TRIPS Council not just to suspend patents, but also to reform national copyright laws governing digital access to knowledge, and data and text mining.
Amidst an unprecedented pace of innovation, some 90 developing nations, led by India and South Africa, have petitioned the WTO’s TRIPS Council calling for a waiver to suspend all IP rights associated with COVID-19 innovations—again asserting the false narrative that IP rights inhibit access to medicines.
The growing role of AI in trade and the long-term implications of divergent regulatory frameworks will likely affect economic productivity and innovation.