Trelysa Long

1 month ago | itif.org | Stephen Ezell |Trelysa Long |Robert D. Atkinson

KEY TAKEAWAYSThe White House has given the Office of the U.S. Trade Representative, along with the departments of Treasury and Commerce, until April 1 to identify countries the administration should confront with corrective trade actions. It would be a mistake for the Trump administration to impose across-the-board tariffs on all nations, even if some run trade surpluses with America.

Jan 16, 2025 | itif.org | Trelysa Long

The open nature of the Internet facilitates the exchange of information, allows for global commerce, and enables access to remote job opportunities. Freely accessing the Internet promotes economic and social value for a nation. However, many governments interfere with this access by reducing user’s bandwidth, blocking applications or websites, or shutting down Internet services entirely.

Jan 13, 2025 | itif.org | Trelysa Long

|January 13, 2025Source: Brandon Recce, “Quantitative Analysis of the Impact of Highly Skilled Immigrant Workers on American Innovation” (paper in the 2021 5th International Conference on Software and e-Business, 2021). Commentary: Immigrants have made substantial contributions to U.S. innovation but the policy debate on their impact on the U.S. economy has nevertheless continued.

Jan 6, 2025 | itif.org | Robert D. Atkinson |Trelysa Long

In 2019, ITIF and Brookings proposed that Congress provide funding for the U.S. Department of Commerce to establish a system of regional technology hubs with a program to identify promising metro areas and help them transform into self-sustaining innovation centers. To date, that vision has not been achieved, but the next Congress can fix it.

Dec 20, 2024 | itif.org | Trelysa Long

Historically, U.S. companies have been allowed to deduct their research and development (R&D) expenditures immediately. However, the Tax Cut and Jobs Act of 2017 requires companies to capitalize and amortize their R&D expenditures over a five-year period, reducing the financial value of the R&D tax incentive. While the act was surmised to harm R&D investment, a new scholarly study provides hard evidence of this effect. Mary Cowx et al.