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The "Internet of Things" refers to the concept that the Internet now serves as a platform for devices to communicate electronically with the world around them, creating an...

With the development of cloud services and mobile computing, digital trade has exploded over the last decade. Unfortunately, efforts by certain nations to promote domestic producers over foreign companies along with fears from PRISM threaten the continued growth of the sector.     

China's participation in the ITA has deepened its role in global value chains, boosted its exports of information and communication technology (ICT) goods and services, and enhanced the innovation capacity of Chinese firms, including those in its manufacturing sector. However, China's recalcitrance to expand the agreement will keep tariffs high on a...

A 15 percent improvement in the efficiency of federal government operations could save taxpayers over $1.3 trillion over the next decade.

As a share of GDP, state government support for university R&D is at the same level as it was in 1991, and only 9 percent higher than it was in 1970. As a result, the federal government must pick up the slack. Unfortunately, this action is not currently happening. In 2013, for example, the budget "sequester" slashed...

Manufacturing productivity growth in LAC countries over the past two decades has significantly trailed both that of developed economies and other developing nations (particularly Southeast Asian nations), in large part due to the slow rate of productivity growth among small and medium sized enterprises (SMEs). To address this, nations need to specifically improve innovation assistance services...

A 2013 McKinsey Global Institute report estimated that open data could add over $3 trillion in total value annually to the education, transportation, consumer products, electricity, oil and gas, health care and consumer finance sectors worldwide. 

Open data can be used to drive innovation within and beyond the organization that created it...

In 2012 renewable energy generated about 12 percent of total utility-scale electricity in the United States, and 19.5 percent of globally generated electricity. While the share of renewable energy resources in the electricity market is growing, the high costs of most clean technologies pose a challenge for further renewable penetration. New policies and investments are required to enhance the...

Sweden, Denmark and Finland finished first, third and fourth respectively in the Innovation Union Scoreboard 2013, a ranking of innovation performance of EU member nations. 

Over the last decade the Nordic nations have made great strides in improving innovation capacity and economic competitiveness. They have accomplished these goals...

Despite, or perhaps because of, the lowering but not elimination of tariffs, countries' use of non-tariff barriers (NTBs) is on the rise. Examples include: quantitative restrictions; price controls; non-tariff charges, unwarranted customs procedures; discriminatory health and safety standards; currency manipulation; discriminatory application of technical standards; and localization barriers...