Science and R&D

In an economy powered by innovation and technology, more proactive R&D policies are key to success.

Experts Weigh In: President Obama’s Budget Proposal

March 4, 2014
Robert Atkinson participated in an online discussion hosted by the Urban Institute which analyzed the potential impact of President Obama’s 2015 budget proposal

Robert Atkinson participated in an online discussion hosted by the Urban Institute which analyzed the potential impact of President Obama’s 2015 budget proposal. Atkinson argues that the proposal reduces long term investments in research and innovation and will only exacerbate competitiveness decline and economic stagnation.

ITIF Debate: Congress Should Retain and Expand the R&D Tax Credit

February 26, 2014
A spirited debate on the R&D Tax Credit.

In 1981, the federal government established the research and experimentation (R&D) tax credit. Today, with Congress considering comprehensive corporate tax reform some have argued that Congress should jettison the credit and use the savings to pay for statutory rate reduction. For example, in a recent Washington Post op-ed, noted tax economist Marty Sullivan, argued for elimination of the tax. In contrast, ITIF has argued that this would be a mistake and that the credit plays a valuable role in spurring investment in U.S. Read more »

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Data: Inventors are Scared of Elections

Washington Post
Policymakers from both parties should be able to agree on a broad innovation agenda, but we seem incapable of doing that, says Robert Atkinson.

Congress Should Retain and Expand the R&D Tax Credit

New U.S. 'Climate Hubs' to Provide Data to Farmers

Science
Matthew Stepp argues the new hubs are a great first step but more investment is needed to improve climate observation and adaptation.

From 1996 to 2010, technology transfer resulted in $836 billion in gross industry output, increased GDP by $388 billion, and added three million jobs.

A study conducted by the Biotechnology Industry Organization (BIO) of non-profit research institutes and universities found that from 1996 to 2010, technology transfer resulted in $836 billion in gross industry output, increased GDP by $388 billion, and added three million jobs. A key component of innovation is the transfer of basic research into concrete technological applications and commercializable products. Read more »

Federally Supported Innovations

February 3, 2014
| Reports

The report examines 22 cases of successful U.S. innovation in which the development of key foundational technologies stemmed at least in part from federal investment in research and development (R&D). The cases cover technologies developed across a wide range of fields over the past half century, from information and communications technology, energy, and healthcare to transportation, agriculture, and mathematics. The report explains how federal support for R&D is critically important to today’s innovation system, including because of its investment in research and in technologies too far from market for the private sector to invest in, and because federal investment in R&D complements and spurs additional private sector R&D investment. It concludes by arguing that if the United States wishes to regain the world lead in terms of innovation (as a share of its economy) it will need to expand, not contract, federal support for R&D, which means reversing the sequestration cuts to federal R&D scheduled to return in FY 2015.

Senator Coons Unveils Bill to Modernize National Labs and Spur Innovation

January 30, 2014
Senator Chris Coons (D-Del.) announced the introduction of the America INNOVATES Act on the floor of the U.S. Senate Jan. 29

Senator Chris Coons (D-Del.) announced the introduction of the America INNOVATES Act on the floor of the U.S. Senate Jan. 29. The legislation is based, in part, on the June 2013 report Turning the Page: Reimagining the National Labs in the 21st Century Innovation Economy produced by the Information Technology and Innovation Foundation (ITIF), the Center for American Progress, and the Heritage Foundation.

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Manufacturing Institutes: A Key to Revitalizing U.S. Manufacturing

January 30, 2014
| Blogs & Op-eds

The U.S. has developed a number of innovative technologies, from LED displays to solar cells, and then seen the large scale manufacturing of these products move overseas. The National Network for Manufacturing Innovation (NNMI) is a unique, government-university-industry partnership designed to address this issue by creating a conduit for innovative R&D to be transitioned to design and manufacture he in the United States, promoting competitiveness and job growth. 

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