Competitiveness

Innovation, including the diffusion of information technology throughout the economy, is key to boosting productivity, which in turn is at the heart of increasing living standards.

Masters of Nothing U.S. Book Release Event

May 28, 2013 - 9:00am - 10:30am
The Information Technology and Innovation Foundation
1101 K Street NW
Suite 610A
Washington
District of Columbia
20005

In their book Masters of Nothing: Human Nature, Big Finance, and the Fight for the Soul of Capitalism, UK Conservative Party MP’s Matthew Hancock and Nadhim Zahawi argue that a collective failure to und Read more »

Where’s the Applause? Explaining the Lack of Industry Enthusiasm for NNMI

May 20, 2013
| Blogs & Op-eds

In his latest column for Industry Week Rob Atkinson discusses the reasons behind the lack of corporate support for federal technology initiatives.

Assailing Corporations is a Poor Competitiveness Strategy

May 20, 2013
| Blogs & Op-eds

America is in a global race for innovation advantage and policy makers around the world are enacting forward-thinking policies to make their nations more attractive for global investment. Unfortunately, instead of focusing on the reforms the U.S. needs to keep pace, some policymakers focus on blaming corporations for choosing to move jobs offshore or legally deferring foreign profits to reduce their tax burden. Blame is not a strategy. Shame is not a policy. Instead of berating U.S. companies for being unpatriotic, Congress would be better advised to put in place the comprehensive changes needed to make the U.S. economy more competitive.

The Real Story on Guestworkers in the High-skill U.S. Labor Market

May 16, 2013
| Reports

Recently, the Economic Policy Institute issued a report claiming that there is no shortage of U.S. STEM workers and that increases in high-skill immigration are not needed and detrimental to the U.S. economy. In this report, ITIF presents a detailed rebuttal of the EPI analysis to provide a more accurate picture of the high skill labor market. We find that the EPI report's conclusions are simply not supported by the evidence. In fact, the U.S. does not produce enough STEM workers domestically, STEM wages and jobs have grown significantly over the last decade, and high-skill guestworkers are a complement, not a substitute, to American high-skill labor.

Just the Facts: The Benefits of Information and Communications Technology

May 13, 2013
| Reports

A prominent economist once stated, "computer chips, potato chips, what's the difference." The short answer is "a lot." Fifty-five years after the invention of the integrated circuit and 28 years after the first dot-com website was registered, information and communications technology (IT) remains a central driver of innovation and prosperity.

This fact sheet lists 53 documented economic benefits of IT, from jobs and output to competitiveness and innovation.

Expansion of NNMI Will Enhance Economic Growth and Improve U.S. Competitiveness

Policy Recommendations for the 2013 America COMPETES Act Reauthorization

May 7, 2013 - 9:00am - 10:30am
Russell Senate Office Building
Constitution Avenue and 1st Street NE
253
Washington
DC
20002

The America COMPETES Act has played an important role in enhancing the science, technology, and innovation enterprise that underpins U.S. economic growth. Read more »

Congresswoman Anna Eshoo Joins ITIF Board of Directors as Honorary Co-Chair

WASHINGTON (May 3, 2013) - The Information Technology and Innovation Foundation (ITIF) has announced that Congresswoman Anna G. Eshoo (D-CA, 18th District) will serve as the new Honorary Co-Chair of the organization's Board of Directors. Rep. Eshoo replaces Congressman Ron Kind (D-WI, 3rd District) who was recently named chair of the New Democratic Coalition. Read more »

Congress should reallocate NSF monies to areas with stronger national economic impacts.

It’s time to clearly recognize that certain research programs the National Science Foundation supports are much more important to our country’s economic well-being and competitiveness than others, and explicitly take this into account when making budgetary allocation decisions. Therefore, Congress should direct, and the Administration should implement, a reallocation of NSF resources toward the kinds of science that has direct economic and industrial benefits for the United States. In particular, this means increasing NSF budgets for four key Directorates: 1) Math and physical sciences; 2) Engineering; 3) Computer and information sciences and engineering (CISE); and 4) Biological sciences, while permitting research budgets for the geosciences and social sciences to shrink. This is not a call to shrink basic science funding (indeed it should be increased), but it is a call to explicitly reorient it in such a way that best promotes U.S. national innovation-based economic competitiveness and the jobs and economic growth that stem from this.

Change the name of the National Science Foundation to the National Science and Engineering Foundation.

If Congress wants to take a step short of standing up a new National Engineering and Innovation Foundation, then at the very least Congress should change the name of the National Science Foundation to the National Science and Engineering Foundation. Doing so would make it clear to NSF leadership and the research community that NSF should give engineering more emphasis and visibility. And Congress should shift more of the new NSEF’s funding toward engineering, even if this has to mean cutting science funding.