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 U.S. ranks 39th out of 44 countries and regions in terms of the growth in the number of scientists and researchers since 1999

Scientists and researchers have been key drivers of innovation over the last decade. However, many nations have invested more heavily in high-skilled researchers than the United States. Indeed, while there are now 30 percent more researchers globally than in 1999, most of these additional scientists and researchers have not come from the United States. In a study of 44 developing and developed countries and regions, the United States ranks 39th in terms of the growth in scientists and researchers since 1999.

The global backlog of unprocessed patent applications is now estimated to be 5 -10 million; some 750,000 alone of which are in the United States, where the average wait for a patent decision is almost three years.

The globalization of patent regimes and the increased complexity of many patentable technologies combined with inadequate institutional resources have resulted in a worldwide backlog of patent applications and substantially longer pendency periods. Read more »

The U.S. ranks 25th out of 27 countries in the growth of college-aged adults with college degrees over the last decade.

Low PISA (Program of International Student Assessment) scores and other international metrics are often drawn upon to highlight the United States' lackluster standing in higher education rankings. However, what is not discussed often enough is that the U.S. education system isn't just poor--it's getting worse. Between 1999 and 2008 the number of college-aged adults (25-34) with tertiary degrees grew slower than 25 out of 27 countries studied.

"Breakthrough" Mini-Dialogue

August 18, 2011
| Blogs & Op-eds

In a discussion at the Breakthrough Journal, Rob Atkinson says American voters deserve a share of the blame for our budget and debt woes.

Jobs Deficit, Investment Deficit, Fiscal Deficit

The New York Times
According to ITIF's new report, "The Atlantic Century II," the United States is underinvesting in three major areas that help a country create and retain high-wage jobs: skills and training of the work force, infrastructure, and research and development.
Syndicate content