Washington D.C. - One of ITIF’s most important roles is to develop actionable ideas that policymakers can trust to foster innovation, growth, and progress. This report provides a menu of such ideas for the 114th Congress. It is not intended to be a comprehensive analysis of all tech policy issues currently up for debate, but rather lays out a selection of new ideas for Congress and the administration to consider. It is organized by topic area—from innovation and competitiveness to trade and globalization—with short summaries of each idea and citations for additional details.
Washington D.C. - According to the Economist, "IN 1970 the United States recognised the potential of crop science by broadening the scope of patents in agriculture. Patents are supposed to reward inventiveness, so that should have galvanised progress. Yet, despite providing extra protection, that change and a further broadening of the regime in the 1980s led neither to more private research into wheat nor to an increase in yields. Overall, the productivity of American agriculture continued its gentle upward climb, much as it had before."
Washington D.C. - According to the U.S. Chamber of Commerce, "One of the nation's most respected startup and entrepreneurship research organizations last week issued a series of public policy recommendations that the group believes Congress could implement in order to accelerate the formation and growth of new companies and help reinvigorate the American economy."
Washington D.C. - U.S. Sens. Cory Booker (D-NJ), Kirsten Gillibrand (D-NY), Patty Murray (D-WA), Chris Coons (D-DE), and Gary Peters (D-MI) today introduced the Scale-Up Manufacturing Investment Company (SUMIC) Act of 2015, legislation that increases access to capital for entrepreneurs looking to scale-up and commercialize their advanced manufacturing innovations.
Washington D.C. - U.S. workers and enterprises are falling behind in the global innovation, productivity, and competitiveness race, and Congress should enact a series of policies to reverse the trends, Stephen Ezell argued last week in remarks to the House Democratic Caucus. On an expert panel convened by Minority Whip Steny Hoyer (D-MD), Ezell's specific recommendations included reauthorizing the Export-Import Bank, investing in manufacturing innovation and education, spurring technology transfer and commercialization, and unlocking the economic potential of the Internet of Things. For the complete testimony: http://www2.itif.org/2015-ezell-make-it-in-america.pdf?mc_cid=2c758efc47&mc_eid=d9824ce838
Washington D.C. – According to Michael Rosen of AEI, “Opponents of a patent “troll” reform bill currently before the House of Representatives won a significant tactical victory last week when House leadership pushed back a vote on the measure. The delay likely means a greater focus on a parallel bill that’s wending its way through the Senate and undergoing intense negotiations between lawmakers and interest groups.”
Washington D.C. – According to Brookings institute’s Walter Valdivia, “The fiscal budget has become a casualty of political polarization and even functions that had enjoyed bipartisan support, like research and development (R&D), are becoming divisive issues on Capitol Hill. As a result, federal R&D is likely to grow pegged to inflation or worse, decline.”
New Brunswick, NJ - The HealthCare Institute of New Jersey (HINJ) applauds the U.S. House of Representatives’ passage of the 21st Century Cures Act. This landmark legislation would accelerate the pace of discovering new, life-saving treatments and cures for some of the world’s most dreaded diseases. It is vitally important to New Jersey’s life sciences community, where much of this research and discovery takes place, and it is critical to patients around the world who will benefit from its impact.
Trenton, NJ - According to April Klimley in the New Jersey Business Magazine, "At last, drones are coming to New Jersey – legally. In April, the Federal Aviation Administration granted approval for Unmanned Sensing Systems LLC (US2), a fledgling company in Mt. Laurel, to operate commercial drones in all 50 states."
Montclair, NJ - NJ Spotlight today published an op-ed authored by Dean J. Paranicas, President and Chief Executive Officer of the HealthCare Institute of New Jersey (HINJ) on the subject of patent reform legislation currently pending before the U.S. House of Representatives.
Washington D.C. - According to the Information Technology and Innovation Foundation, "With Congress in the midst of considering legislation to reauthorize the U.S. Export-Import (Ex-Im) Bank—its current authorization expires and thus must be extended by June 30, 2015—comes fresh evidence reiterating the vital need for the Bank in providing export credit finance support for America’s exporters."
Washington D.C. - "Technology has potential to radically improve our lives." That is the last line in Congressman LoBiondo's recent OpEd in the Courier Post. He discussed the importance in investing aerospace technologies and the United States as well as New Jersey are ready to lead in their industry. Below is his original article.
Washington D.C. - According to the Bergen Patch, "U.S. Sens. Cory Booker (D-NJ), and John Hoeven (R-ND), today introduced the Commercial UAS Modernization Act, legislation that sets interim operating guidelines for commercial unmanned aircraft systems (UAS), commonly known as drones, and creates a framework to promote American innovation in the rapidly growing field."
Washington D.C. – New Jersey Congressional Representative Leonard Lance has been named a National Association of Manufacturers’ Champion of Manufacturing for his work on the House Energy and Commerce Committee and for his job-creating policies to rebuild the U.S. manufacturing industry.
New York, NY - In his recent Forbes article, Mark P. Mills discusses the current and future of R&D in America. Citing his most recent report as a Senior Fellow at the Manhattan Institute, "Basic Research and the Innovation Frontier," he argues that basic research is more important than ever and it needs to be supported.
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