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The shift from conventional trade barriers to unconventional ones like local content requirements (LCRs) is the most detrimental problem facing global trade today. Historically, LCRs have been associated with government procurement and mandates attached to publicly financed projects. Today, however, they take many forms such as price preferences awarded to domestic firms bidding on government...

Funding for the Department of Energy's breakthrough energy technology program, the Advanced Research Projects Agency-Energy (ARPA-E), has been consistently below recommended levels since the agency's creation. vAppropriations for FY2013 and FY2014 are $265 million and $280 million, respectively, which does not even amount to 30 percent of the $1...

The current energy superstars, shale natural gas and oil, have leveraged master limited partnerships (MLP) totaling $113 billion since 2007 to forgo paying any corporate taxes. Clean technologies aren't eligible for such tax benefits. 

The wind Production Tax Credit (PTC) expired at the end of 2013, instigating the usual responses from...

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...

A determined focus on policies that promote growth is essential to any deficit reduction plan. Similarly, across-the-board spending cuts that hamper growth will ultimately be detrimental to deficit reduction. 

 

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...