ITIF
China Plans to Dominate a Key Semiconductor Material
Beijing has provided significant support to its domestic polysilicon industry in a drive to establish Chinese firms as the dominant global suppliers of solar-grade polysilicon—and it wants its firms to expand their share of semiconductor-grade polysilicon.
The Economic Costs of Public Subsidies for Freight Transportation
Federal freight policy effectively incentivizes the most damaging and least efficient mode of freight transport—trucking—by underpricing access to public infrastructure. A restructured, mode-neutral cost system would encourage more efficient, safer, and environmentally sustainable freight transportation, better serving taxpayers, drivers, and the economy.
How Digital Services Empower SMEs and Start-Ups
Digital services are the key to unlocking growth for small- and medium-sized enterprises in today’s economy. They help firms overcome financial constraints, close skills gaps, and boost productivity. Policymakers should incentivize SMEs to capitalize on those opportunities.
Lessons From France’s Nuclear Program
France has embarked on an ambitious program to build at least six new large nuclear reactors, applying lessons from recent overruns and delays. While success is far from guaranteed, there are important lessons for the United States as it seeks to jump-start its own nuclear sector through recent ambitious executive orders.
A Shot at a Healthier Future: The Transformative Potential of GLP-1s
Obesity affects over 42 percent of U.S. adults, costing the nation more than $400 billion annually. Traditional weight-loss methods alone have proved to be insufficient in addressing this growing public health burden. But GLP-1 receptor agonists now offer the potential to profoundly transform obesity care. Public policies should support their wider adoption.
A Truck Mileage Traveled Tax to Enhance US Roadway Sustainability
Insufficient, inequitable, and poorly incentivized tax structures are leading to counterproductive behaviors in the trucking industry that threaten the sustainability of the U.S. highway network. An axle-adjusted vehicle mileage traveled tax would address many of these inefficiencies and help address the shortfall to ensure the sustainability of the U.S. Interstate network.
Letter to the Trump Administration Regarding Non-Tariff Attacks on US Tech Firms and Industries
Foreign governments are systematically deploying policies that constitute non-tariff attacks (NTAs) on America’s leading technology companies. ITIF and other think tank scholars and policy experts urge the administration to put these unfair NTAs on the U.S. trade agenda and insist that America’s trading partners address them.
The Bayh-Dole Act’s Role in Stimulating University-Led Regional Economic Growth
Universities play a pivotal role in America’s technology economy, serving as a crucial source of research, inventions, patents, start-up technology companies, and regional economic and employment growth. The Bayh-Dole Act has played an instrumental role in spurring academic technology transfer activities that serve as vital drivers of American innovation.
A Policymaker’s Guide to Digital Antitrust Regulation
Rather than adopt the European Union’s model for regulating competition, policymakers considering how to govern digital markets should carefully evaluate whether digital antitrust regulation is justified and consider whether concerns about anticompetitive behavior can be addressed with less intrusive and more cost-effective tools.
The Value of Follow-On Biopharma Innovation for Health Outcomes and Economic Growth
Follow-on biopharmaceutical innovations deliver substantial health and economic benefits by improving the safety and efficacy of existing therapies, addressing unmet patient needs, expanding therapeutic applications, and enhancing adherence. Supportive policies are essential to sustain progress and ensure broad access to these medical advances.
The Trade Imbalance Index: Where the Trump Administration Should Take Action to Address Trade Distortions
As the Trump administration seeks to rebalance America’s trade relationships, it should focus the most attention on countries where U.S. industries face the worst trade distortions and imbalances, and where the greatest gains can be achieved for the U.S. economy. China, India, and the European Union top that list.
BEAD Needs All Technologies to Succeed
The administration should reform the Broadband Equity, Access, and Deployment (BEAD) program to stop favoring overly expensive fiber when LEO satellites could do the same job for less. Taking a technology-neutral approach to broadband deployment would save money that could be better spent on other causes of the digital divide.
China Is Rapidly Becoming a Leading Innovator in Advanced Industries
There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.