Recommendation

The administration should establish a National Competitiveness Council to formulate and coordinate advanced-industry competitiveness policy across the federal enterprise.

Details

There is no one in the White House specifically focusing on America’s innovation, productivity, and competitiveness challenges despite the drastic need for them. The administration should establish a National Competitiveness Council (NCC) focused on formulating and coordinating advanced-industry competitiveness policy across the federal enterprise. The NCC would oversee the analysis of U.S. advanced industry capabilities, focusing on challenges from China. Staffing the NCC with analysts with a deep understanding of firm, industry, and technology dynamics will help this council inform the next administration on policies designed to compete and ultimately beat China in the race for command of key industries.

Keep reading:

▪ Robert D. Atkinson, et al., “A Techno-Economic Agenda for the Next Administration” (ITIF, June 2024), https://itif.org/publications/2024/06/10/a-techno-economic-agenda-for-the-next-administration/.