Washington D.C. - According to Information Technology and Innovation Foundation (ITIF), "A year from now, the 2016 presidential primaries will be over, and the nominees of both parties will need to focus in earnest on the broad interests of the American people, not just the parochial concerns of their respective bases. In anticipation of that moment, ITIF has produced an open memo to all Democratic and Republican presidential campaigns outlining a comprehensive policy agenda on technology and the economy. The memo is accompanied by a draft campaign speech on fostering 21st century enterprise, which ITIF encourages candidates to borrow from freely."
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Washington D.C. – According to Bernie Becker of the Hill, “Lawmakers seeking progress on tax reform are considering a new incentive for innovation that would help companies that already pay comparatively little in taxes.The preference, called a “patent box” or “innovation box,” essentially gives companies a tax break on income from their intellectual property, making it especially attractive to high-tech and pharmaceutical businesses.”
Washington D.C. – According to Babette Boliek of AEI, “ If you like lower taxes, using the Internet, and increased investment in broadband infrastructure, you’ll like what the House of Representatives just passed on Wednesday: an act that would permanently ban taxes on Internet access services. The Internet Tax Freedom Act (ITFA) bars state and local governments from placing taxes on Internet access and from imposing discriminatory Internet-only taxes, such as taxes on email services. In other words, this act prevents the list of access taxes you see on the bottom of your telephone bill from also being part of your Internet service provider’s bill.”
Washington D.C. - According to SSTI, "It has long been known that academic institutions are a key driver of research and development performance in the United States. While industry still funds and performs the majority of R&D in the U.S., universities and colleges (U&C) play a pivotal role in the advancement of basic human knowledge.
Trenton, NJ - For several decades, New Jersey has been home to many of the top military contractors in the United States. Not only do these Garden State companies provide products and technologies to various US defense sectors and allies, they are also constantly pushing the envelope of innovation to meet – and often exceed – the needs of their customers. In this article, New Jersey Business looks at a small portion of defense contractors in the state whose products and projects show that New Jersey is a leading market for innovation.
Washington D.C. - According to the US Chamber of Commerce, "Hydraulic fracturing, when done correctly, is safe and saves Americans money. The science says so. EPA looked at scientific studies, government, NGO, and industry data and concluded that hydraulic fracturing has not had widespread, systemic impacts on drinking water."
Washington D.C. - The second in SSTI’s series on basic research, this article focuses on the ways that the funding sources of R&D and basic research have changed over time. Ultimately, the nature of basic research – long horizons, unknown rewards, and high costs – indicates why some sectors, namely the private sector, may seek shorter term options. A better understanding of the changing nature of funding sources for basic research may be useful in understanding the current state of research and development in the U.S.
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 John Castellani, "The U.S. patent system is the critical legal shield protecting medical innovations as they make their way from America’s labs to the patients in every state who need, want and deserve them."
Washington D.C. - According to SSTI, "Innovation in the United States, once a hallmark of economic success, finds itself resting on an increasingly weak foundation, according to an article in The New York Times. The author, Eduardo Porter, suggests that two trends – increased international competition and a stagnant R&D-to-GDP ratio – pose key challenges for the U.S."
Washington D.C. - The House of Representatives voted 274-145 earlier this week to permanently extend the federal tax credit for research and development. The bill -- opposed by President Obama -- would cost the government about $180 billion over the next decade.
Jersey City, NJ - According to John Lechleiter of Forbes, "If you are a regular reader of politically oriented commentaries on the pharmaceutical industry then you are familiar with, and perhaps even subscribe to, what I call “the Big Five”—myths about this industry that routinely poison debates, obscure genuine problems, and distort policy recommendations on health care. These myths have been all over the public arena again recently, and it’s time to confront them systematically."
Princeton, NJ - Advaxis, Inc., a clinical-stage biotechnology company developing cancer immunotherapies, today announced that it has appointed Fred J. Frullo as Vice President, Regulatory Affairs. With more than 20 years of experience in the biopharmaceutical industry, Mr. Frullo is well versed in the development of global regulatory strategies for the supervision, review and assembly of pharmaceutical product submission and coordination with global health authorities to obtain approvals.
Washington D.C. - According Andrew Kitchenman of NJ Spotlight, "The 21st Century Cures Act attracts bipartisan NJ sponsors Pallone and Lance, draws praise from researchers and industry. One of the goals of the bill is to foster “personalized medicine,” in which treatments are tailored to meet the individual genetic profile of a patient." "The importance of these industries to the state helps explain why two of the bipartisan bill’s leading House advocates are from New Jersey: U.S. Rep. Frank Pallone Jr. (D-6th), one of its four cosponsors, and U.S. Rep. Leonard Lance (R-7th)."
Trenton, NJ - In his opinion piece in the Wall Street Journal, Governor Christie outlined his five point economic plan for the nation. Titled "My Plan to Raise Growth and Incomes," he included the importance of innovation and R&D to spur economic growth.
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