Competitiveness
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As nations engage in a race for global advantage in innovation, ITIF champions a new policy paradigm that ensures businesses and national economies can compete successfully by spurring public and private investment in foundational areas such as research, skills, and 21st century infrastructure. Our work on competitiveness policy includes analysis of the many factors and policies driving national competitiveness, including improving innovation ecosystems and the technical capacity of high-value-added industries.
Featured
The Hamilton Index, 2023: China Is Running Away With Strategic Industries
China now dominates the strategically important industries in ITIF’s Hamilton Index, producing more than any other nation in absolute terms and more than all but a few others in relative terms. Its gains are coming at the expense of the United States and other G7 and OECD economies, and time is running short for policymakers to mount an industrial comeback.
More Publications and Events
March 19, 2024|Events
An Era of Economic Warfare: Examining the EU’s Economic Security Strategy
Join ITIF for an expert panel discussion of Europe’s efforts and the implications for an allied approach to economic security in an era of economic warfare.
March 18, 2024|Blogs
Fact of the Week: Technology Sector Firms Pay a Higher Premium to Acquire Innovative Target Firms
A recent paper found that the average innovative target firm received a takeover premium and cumulative abnormal stock returns that were 4.2 and 5.6 percentage points, respectively, higher than their non-innovative counterparts.
March 13, 2024|Events
Transatlantic Innovation and Competitiveness: Europe’s New Agenda vs. the CHIPS and Science Act
Please join ITIF for a high-level panel discussion featuring Signe Ratso, deputy director-general for research and innovation at the European Commission; Erwin Gianchandani, assistant director of NSF’s TIP Directorate; Meg Hardon of Infineon Technologies; and Paul Sweetman of the American Chamber of Commerce Ireland.
March 11, 2024|Reports & Briefings
How Innovative Is China in the Robotics Industry?
China does not yet appear to be leading in robotic innovation, but its domestic production and adoption are growing rapidly, and the Chinese government has prioritized the industry. It is likely only a matter of time before Chinese robotics companies catch up to the leading edge.
March 5, 2024|Events
Preserving U.S. Leadership in Biopharmaceutical Innovation
Watch now for an expert panel discussion surrounding the ITIF report examining why the United States lost its lead in other advanced technology industries, and how policymakers can avoid repeating the same mistakes in the biopharmaceutical sector.
March 4, 2024|Blogs
New NSF Data Shows Venture Capital Flowing Away From the United States
While America can still boast the largest global share of VC investments, it faces serious competition from ambitious rivals. This is yet another reminder why the U.S. government needs to develop and implement a national innovation and competitiveness strategy.
February 29, 2024|Reports & Briefings
Not Again: Why the United States Can’t Afford to Lose Its Biopharma Industry
America’s leadership in advanced-technology industries can never be taken for granted, as evidenced by its losses in telecommunications equipment, semiconductors, televisions, solar panels, and chemicals. Policymakers must recognize what went wrong in those cases to avoid a similar industrial decline in the biopharmaceutical industry.
February 23, 2024|Op-Eds & Contributed Articles
How to Win the Economic War With China
It’s time to move from an Economic Statecraft 1.0 premised on using U.S. strength to support friends and punish adversaries, to an Economic Statecraft 2.0 premised on husbanding U.S. strength while limiting the relative techno-economic advance of China.
February 23, 2024|Testimonies & Filings
Comments to the Parliament of Canada Regarding Proposed Amendments to Canadian Competition Law
The Canadian government must ensure that policy, legislative and regulatory approaches support competition and innovation as much as possible. Unfortunately, Bills C-56 and C-59 promise to do exactly the opposite.
February 22, 2024|Events
Assessing India’s Readiness to Compete in Global Semiconductor Value Chains
Watch now for an expert panel discussion about a new ITIF report that was commissioned to inform the U.S. and Indian governments for their joint initiative on Critical and Emerging Technology (iCET).