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.

The President's FY 2015 Budget Underinvests in U.S. Competitiveness and Innovation

March 7, 2014
| Blogs & Op-eds

While there's much to like in the President's FY 2015 budget, it still underinvests significantly in U.S. competitiveness and innovation.

ITIF Debate: Is There is a STEM Worker Shortage?

Break the Budget Impasse? Push Growth.

February 1, 2014
| Blogs & Op-eds

Republicans and Democrats, fiscal hawks and doves can rally around a growth budget, which cuts taxes that impede growth and increases spending on federal programs that encourage it.

America INNOVATES Act

New National Lab reform bill introduced by Senators Coons and Rubio is based in part on report co-authored by ITIF.

Fed Stimulus Blunted as Software Replaces Hardware: Economy (1)

Bloomberg Businessweek
Given the cloudy economic outlook and lack of policy consensus in Washington, “businesses are trying to avoid long-term bets on fixed assets,” says Joe Kennedy.

Is Moore's Law Dead?

Latin America and the Caribbean trail other nations in productivity growth.

Manufacturing productivity growth in LAC countries over the past two decades has significantly trailed both that of developed economies and other developing nations (particularly Southeast Asian nations), in large part due to the slow rate of productivity growth among small and medium sized enterprises (SMEs). To address this, nations need to specifically improve innovation assistance services for SMEs which have been shown to positively impact productivity growth. 

The Nordic Nations are Innovation Leaders and Models the U.S. Should Follow

Sweden, Denmark and Finland finished first, third and fourth respectively in the Innovation Union Scoreboard 2013, a ranking of innovation performance of EU member nations.  Read more »

America's Investment Crisis

October 23, 2013
| Blogs & Op-eds

Investment in new-capital machinery, equipment and software is the primary means through which innovation spreads throughout the economy. As these innovations diffuse through industries, they raise productivity, lower costs of production and improve the competitiveness of the American economy as a whole. However business investment in the U.S. has fallen significantly in the last decade, exacerbating the economic stagnation we face.

Post Office $5.6 Billion Default Raises Urgency of Reforms

Newsmax
The USPS has to make serious changes including closing post offices that do not cover their costs, says Robert Atkinson.