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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...

Measured by R&D expenditures per employee, the U.S. biopharmaceutical sector leads all other U.S. manufacturing industries, investing more than ten times the amount of R&D per employee than the average U.S. manufacturing industry.

The Brazilian government must introduce policy reforms that will spur domestic innovation and entrepreneurship. A key area of focus should be the nation's outdated patent system. Currently it takes 5 to 8 years to be granted a patent in Brazil compared to an average of 3 years in the United States.

On average, the U.S. Treasury collects about $11 billion annually from oil and gas drilling on public lands; the majority of revenue, $6.6 billion in FY2012, comes from offshore leases. The United States must increase federal investment in critical energy innovation programs to drive down the cost of clean energy. ITIF proposes a potentially bipartisan solution: Congress can generate $1...

European growth lags U.S. growth, both before and after the Great Recession. Since 1996, productivity growth in the European Union has been 33% lower than the United States according to a recent survey by The Conference Board . A key reason is lower...

 

High skill immigration is a key driver of innovation and business development, which promotes economic and job growth. Congress must pass a comprehensive immigration reform package that includes new policies to promote high skill immigration.
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 Over 96 percent of American households have access to wired broadband. This fact by The National Broadband Map defies a widespread misconception. The common storyline surrounding American broadband, which argues the U.S. is behind Europe in speed, deployment and...

In 2009, basic research was about 19% ($76 billion) of total U.S. R&D performance. According to the National Science Board, U.S. R&D is dominated by development activities, largely performed by the business sector. The business sector also performs the majority of applied research, but most basic research is conducted at universities and colleges and funded by the federal government....