Over the past year, key U.S. allies South Korea and Japan have been embroiled in a political and trade dispute which has many antecedents in the past, but which has been exacerbated by more recent developments. While certainly concerning, the trade dispute in some ways has presented an opportunity for the United States to assert renewed diplomatic engagement in the region.
A key problem in assessing the impact of e-commerce is that the goods that are commonly sold online are not random, so we cannot easily distinguish between price changes driven by e-commerce and price changes that would have happened regardless.
Stephen Ezell presented about digital trade’s vital importance to Pacific economies at the Chinese Taipei Pacific Economic Cooperation Community’s 34th Annual Summit in Taipei on October 22, 2019.
Stephen Ezell gave a presentation to KIA-KIET on October 16, 2019 addressing how recently introduced Japanese controls on certain product exports to Korea will affect the global semiconductor industry supply chain.
An APEC report—produced with extensive research contributions from ITIF—on how firms use data and the impact of data-related laws and regulations.
With China becoming more assertive, one might think Taiwan would feel the need to increase productivity and innovation, including by working more closely with U.S. companies. Apparently not.
ITIF’s Center for Data Innovation has responded to Singapore’s Personal Data Protection Committee’s (PDPC) public consultation on proposed amendments to the Personal Data Protection Act (PDPA) of 2012, which governs how organizations treat personal data in Singapore.
Following a meeting with Chinese President Xi Jinping on the sidelines of the G20 meetings in Tokyo, President Trump stated that he had agreed to lift the “deemed export” ban on Huawei. This export ban was announced after the Chinese government back-peddled on their agreement with the administration in May. President Trump declared that U.S. companies (and other companies whose products contain significant U.S.
Korea, Mexico, and Taiwan represent vital trade partners for the United States, not only as destinations for U.S. exports, but more importantly as key partners whose firms supply critical intermediate goods on which the health of America’s advanced-technology industries depend.
Property taxes are very data intensive, requiring extensive records and analysis to accurately assess property values and levy taxes accordingly. This makes property taxes particularly difficult to apply in developing countries, especially because property taxes tend to be implemented by local governments.
A survey of allied think tanks summarizes what 23 nations and the EU are doing best when it comes to innovation policy, and where there are the greatest opportunities to improve. In many cases, the successes can serve as model policies for other countries to adopt.
In an important development for India’s digital economy, the Delhi High Court issued a decision on April 10 that provides a new policy tool for right holders to better protect the intellectual property that is tied up in their copyrighted music, movies, and other digital content.
Robots are key tools for boosting productivity and living standards, and companies around the world are putting them to use. But while Korea is the world’s largest adopter, with 710 robots per 10,000 workers, the United States sits at seventh, with 200 robots. Why does the United States lag behind?
In a filing with India’s Department for Promotion of Industry and Internal Trade, ITIF argued that a misguided focus on the control and location of data will reduce its potential social and economic utility.
From a skewed standardization law in China to mercantilist digital services tax proposals in Europe, when countries impose protectionist policies in high-value, high-tech sectors, they don’t just damage competitors; they damage the entire global innovation system.
In 1983, the Japanese government began a series of robot technology R&D projects, which partnered with Japanese firms. New analysis of 25 years of these projects, from 1993 to 2008, found that not only did these projects create valuable results, they also caused participating firms to be more efficient in their future research.
The United States and likeminded countries should not repeat Australia’s mistakes and should instead embrace strong encryption—not try to cripple it.
A featured essay for Australian’s Department of Industry, Innovation and Science discusses what nations can to do spur productivity growth and encourage the development of new technologies.
As the auto industry shifts toward electric vehicles and the electricity grid draws more energy from variable renewables, high-capacity, high-performance and affordable batteries are becoming one of the most important areas of technological innovation needed to reduce carbon emissions.
Manufacturing digitalization promises to transform how products are designed, fabricated, used, and serviced, but more needs to be done to facilitate the uptake of digital technologies by manufacturers in the United States, Korea, and beyond.
Protectionists routinely attempt to justify tariffs on the notion that domestic firms need to become more efficient before facing competition from outside markets. But new research on Indian firms helps put the lie to this claim, finding that exposure to international competition actually increases their productivity.
Rob Atkinson presented on the challenges and opportunities in driving Korean innovation for the the Next Production Revolution to an international conference focused on Korea’s growth as an innovative and inclusive nation on May 24th in Seoul, South Korea.
Australia’s economic and trade policy strategies will need to reflect the emerging set of behind-the-border digital trade barriers that countries are enacting in an attempt to give their local firms an unfair advantage.
Brazil, China, Indonesia, Russia, and Vietnam fielded some of the year’s worst innovation mercantilist policies. Their targets included Internet-based services, electric vehicles, biopharmaceuticals, computers and electronics.
India's transport minister Nitin Gadkari recently announced his opposition to driverless vehicles in the country, saying he would "not allow any technology that takes away jobs." This kind of rhetoric may make for good politics, but it's terrible economics and awful for the future of Indian workers who need the country to continually modernize.