Resources and Publications

The 10 Worst Innovation Mercantilist Policies of 2013

January 6, 2014
| Reports

Innovation is a central driver of growth. As a result, an increasing number of countries are seeking to become innovation leaders. Unfortunately, the methods that many choose are grounded in “innovation mercantilism”: a strategy that sees technology-based exports as the key to success while relying on distortive and protectionist tactics. These practices do not just damage other economies; they damage the entire global innovation system, leading to less innovation and productivity. Moreover, they often do not even help the countries embracing the practices; instead, mercantilist policies lead them to neglect the greater opportunity to spur growth by raising the productivity of all sectors of their economies, not just a few high-tech ones.
This first annual report documents what ITIF believes to be the ten worst innovation mercantilist practices proposed, drafted or implemented in 2013. Only one policy was chosen p