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.

Transparency a Challenge as Iowa Aims for Innovation

Des Moines Register
Rob Atkinson explains that effective state innovation policies require government, private industries and universities to work together.

Congress and Small Business Administrators should create a Young Entrepreneurial Fellowship Program.

The Young Entrepreneurial Fellowship program would be a modest Small Business Administration (SBA) program, with funding of $5 million per year, to support the living expenses of 25 young entrepreneurs for two years each. An outside panel of entrepreneurs would help SBA review proposals and business plans from applicants. The fellows would also receive mentoring and other technical assistance as they seek to build an ongoing business. If just one of the 25 fellows creates a successful enterprise, the program would likely pay for itself in job creation and increased tax revenue.

A Chinese Restaurant Menu Instead of Bumper Stickers

March 11, 2011
| Blogs & Op-eds

In this blog, Steve Norton says it is time to stop devising innovation based on bumper sticker phrases. What’s needed is Chinese menu approach. Take some ideas from Column A and some Ideas from column B and we can update tax, trade, regulatory and public R&D investments to line up with today’s realities. It took 30 years of well-intentioned but ultimately flawed policies from both Democrats and Republicans to get the U.S. into its current economic predicament. It is time to think anew and create a Column C – for cooperation and competitiveness.

U.S. Competitiveness: A New Conversation with New Opportunities

March 10, 2011 - 8:00am - 1:00pm
Union Station
50 Massachusetts Ave NE
Columbus Room

View the event agenda. Read more »

U.S. Competitiveness: A New Conversation with New Opportunities

March 10, 2011
Multimedia from the conference on how to boost productivity and competitiveness by advancing emerging growth sectors.

There is a growing sense of urgency for bipartisan commitment to restoring America's competitive edge through innovation. In that spirit, ITIF hosts a seminal half-day conference on how the United States can revitalize economic growth by boosting innovation and productivity in existing industries while also advancing emerging growth sectors such as nanotechnology, biotechnology and mobile broadband.