Bolstering research in the state’s universities and encouraging public-private sector research partnerships would enhance the movement of innovative ideas toward commercialization.
State and Local
Economic Development in a Global, Innovation-Based Economy
Today’s environment for economic development is not for the faint of heart. In an article for the International City/County Management Association, Rob Atkinson argues that with the right tax, trade and innovation policies at the national, regional, and local levels, the U.S. economy can once again thrive—with robust, good job growth.
New York is Moving in the Right Direction on BitLicenses
Since the comment period ended on October 21, 2014, NYSDFS Superintendent Benjamin Lawsky has signaled that NYSDFS may adopt several of the recommendations outlined in our comments. We applaud Superintendent Lawsky and NYSDFS for their efforts to listen to stakeholders and adjust their proposal accordingly. As NYSDFS sifts through its bounty of rich suggestions, ITIF will continue to monitor the proceedings and add constructive input when possible.
New York should ensure “BitLicenses” are a Step Forward for Innovation
New York State has proposed regulating virtual currency businesses. While ITIF believes the State of New York is likely the wrong entity to address these important policy issues, we have offered some recommendations for the BitLicensing framework. This blog accompanies our recommendations.