Trade

Globalization-related issues.

Since joining the Information Technology Agreement, China, Malaysia, and the Philippines have seen their percent of ICT services exports as a share of the country's total service exports increase by more than 50 percent.

Since joining the Information Technology Agreement, China, Malaysia, and the Philippines have seen their percent of ICT services exports as a share of the country's total service exports increase by more than 50 percent, while non-ITA-member countries Brazil and Chile saw this figure decline by 150 percent and 177 percent, respectively. Not only has the ITA seeded the development of strong domestic ICT services industries in many ITA-member developing countries, it has also played a key role in helping boost ICT goods and services exports from those countries. Read more »

The Information Technology Agreement: Advice and Information on the Proposed Expansion: Part 2

November 12, 2012
| Testimony and Filings

ITIF Senior Analyst Stephen Ezell testified before the United States International Trade Commission making the case for the ITA as a true win-win trade agreement and the need for expansion. The ITA has worked well, but it can work even better if it's updated to include the vast array of innovative new information and communications technology products that have been launched in the past fifteen years.

 

India's Recent Trade Policies Put Domestic, International Growth at Risk

October 31, 2012
| Blogs & Op-eds

By leveraging its strengths (e.g., a large market and educated, largely English-speaking talent pool) to attract foreign direct investment, instead of implementing policies that force it to come to India, India may well reap the success it hopes for. Until that happens, the U.S. government must insist that India adhere to the commitments it's made in international trade agreements and allow innovative American enterprises to operate fairly and without interference.

Shout-Outs on Tech Issues from Obama, Romney

National Journal
The back-and-forth over China won plaudits from Information Technology and Innovation Foundation President Rob Atkinson.

White House Said to be Frustrating U.S. Drug Companies in Asia Trade Talks

Reuters
Stephen Ezell, senior analyst with the Information Technology and Innovation Foundation, said the European Union requires 10-11 years of data protection in its trade pacts.

Winning the Race 2012 Memos: Traded Sector Industries

October 1, 2012
| Reports

It will be difficult for America to enjoy robust economic growth if its globally traded sector industries (e.g., manufacturing, software and Internet, motion pictures and music, etc.) are not competitive. Unfortunately, America’s traded industries have lost competitive advantage. In the 2000s, the United States lost a greater share of manufacturing jobs than in the Great Depression and more than 60 percent of the losses stemmed from declining global competitiveness. In fact, from 1990 to today, the United States has achieved virtually no net growth in traded sector jobs. Meanwhile, our rank on most global innovation indicators has fallen, in some cases significantly.

While both parties talk about the importance of traded sectors, they diverge sharply on how to strengthen it. As a general rule, Republicans focus more on reducing taxes and regulations, while Democrats favor public investments in science, technology, education, and training. The next administration needs to make traded sector competitiveness a top priority and not only would reduce taxes and streamline regulatory burdens but also push for significant increases in public investments in technology and skills.

Comparing the 2012 Presidential Candidates’ Technology and Innovation Policies

September 12, 2012
| Reports

Despite the obligatory acknowledgment of innovation’s central role in U.S. economic growth, the 2012 campaign has not yet seen a serious conversation emerge regarding the policies sorely needed to revitalize U.S. innovation-based economic competitiveness. Moreover, rather than adopt an “all of the above” approach to innovation policy that includes corporate tax and regulatory reform as well as increased federal investment in research and development (R&D), digital infrastructure, and skills, the candidates stress policies from “each column,” with Governor Romney focusing more on the former and President Obama more on the latter. This is unfortunate. For, as we write in the book Innovation Economics: The Race for Global Advantage, U.S. policymakers need to recognize that the United States is engaged in a fierce race for innovation-based economic growth. To win this race, the United States will need to adopt a new, bipartisan Washington Innovation Consensus that places science, technology, innovation, and entrepreneurship at the center of economic policy-making and recognizes that both parties bring good ideas to the table in this regard. 

This report highlights the candidates' technology and innovation policies with the aim of amplifying the national dialogue around bolstering innovation-based economic growth. The report begins with an overview of each candidate’s general philosophy on technology, innovation, and trade policy, and then compares the candidates’ specific policy positions across 10 policy areas:

  1. Innovation and R&D
  2. Energy Innovation
  3. Tax
  4. Manufacturing
  5. Trade
  6. Education and Skills
  7. Broadband and Telecommunications
  8. Regulation
  9. Internet/Digital Economy
  10. Life Sciences and Biotechnology

The report is based on information gathered directly from the campaigns’ websites and policy documents or from media reports of statements made by the candidates. In some cases where a candidate has not articulated a specific position, the candidate’s record while in office or the position of the candidate’s party (as reflected in the Democratic or Republican party platforms) is used as a proxy.

ITIF is a non-partisan research and educational institution—a think tank—focused on innovation, productivity, and digital economy issues, and does not endorse either candidate. Rather, this report seeks to provide a factual, impartial comparison of the candidates’ technology and innovation policies.

Winning the Race 2012 Memos

September 5, 2012
| Reports

As the 2012 presidential campaign moves in the final stage, ITIF is presenting general principles and specific recommendation ideas across several policy areas we believe the next President and Congress should adopt to restore U.S. global competiveness and prosperity.

As chronicled in Innovation Economic: The Race for Global Advantage, the United States is losing its once formidable edge as an innovator. Many other nations are putting in place better tax, talent, technology and trade policies, and reaping the rewards in terms of faster growth, more jobs, and faster income growth. It’s not too late for the United States to regain its lead but it will need to act boldly and with resolve.

Week by week until the November election, the Winning the Race series will put forward creative yet pragmatic ideas in policies affecting taxes, trade, education, broadband, the digital economy, clean energy, science and technology and other areas. Taken as a whole, the series represents a new Innovation Consensus to replace the outdated Washington Consensus.

Memo One (September 3, 2012): Boosting Innovation, Competitiveness, and Productivity

Memo Two (September 10, 2012): Trade and Globalization

Memo Three (September 17, 2012): Corporate Tax

Memo Four (September 24, 2012): Digital Communication Networks

Memo Five (October 1, 2012): Traded Sector Industries

Memo Six (October 9, 2012): Digital Economy

Memo Seven (October 15, 2012): STEM Skills

Memo Eight (October 22, 2012): Clean Energy

Memo Nine (October 29, 2012): Science and Technology

Memo Ten (November 5, 2012): Overcoming the Barriers 

Complete List of Policy Recommendations: Top Policy Recommendations for the Obama Administration to Help the United States Win the Race for Global Advantage

Trade Deal to Curb Generic-Drug Use

Nature
“If TPP countries wish to be those in which innovation flourishes, they should have strong intellectual property,” says Stephen Ezell.

"The biopharmaceutical sector supports more than 7.4 million jobs and contributes $426 billion annually to U.S. GDP."

The innovative biopharmaceutical sector provides an illustrative example of the importance of IP-intensive industries to the U.S. economy. The sector supports more than 7.4 million jobs and contributes $426 billion annually to U.S.GDP. Exports from the U.S. biopharmaceutical industry totaled $49.4 billion in 2010, making it the fourth-largest exporter among IP-intensive industries. It is important the United States remains competitive in this sector and that we fight illegal IP practices that could compromise this critical industry. Read more »

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