The drone industry pleaded with Congress on Wednesday to ease restrictions on flight operations, warning that the U.S. is falling behind to other countries that are using the emerging technology in innovative ways. The use of unmanned aircraft systems (UAS) has exploded in recent years, with drones being deployed to monitor crops, fight wildfires, inspect infrastructure and assist with first response and hurricane recovery efforts.
The American patent system is the lifeblood of the U.S. innovation economy. Businesses that secure patents innovate at higher rates than those that lack intellectual property; startups and new businesses that hold patents attract capital more easily than those that do not; and startups that obtain a patent are more likely to go public.
The conventional wisdom about the tech industry’s relationship with Donald Trump is that it's a street brawl, with Silicon Valley's liberal CEOs clashing with the president on everything from immigration to climate change to transgender rights. But the reality is that Silicon Valley is getting much of what it wants.
U.S. Senators Kirsten Gillibrand, D-New York, and Todd Young, R-Indiana, have made it their mission to help students get career and technical education skills. Earlier this year they introduced the “21st Century Strengthening On Programs that Cultivate Learning Approaches for Successful Students Act," which would give federal funding for equipment for career and technical education programs and give teachers more training on how to use the equipment.
A relatively simple way to boost the economy and make America even greater is to fix a patent system gone awry. In recent years, major changes to intellectual property policy by Congress, the courts and the executive branch have thrown the system out of whack, deterring inventors from the kind of innovation that creates jobs and growth.
Electric vehicle advocates caught a glimmer of hope in the US last week when it was reported on November 9 that the Senate version of a revised tax plan would keep the federal EV tax credit intact. The House of Representatives tax plan released previously, however, would end the federal EV tax credit.
The United States enacted the world’s first research and development tax credit in 1981. The size of the credit is rather small: The Joint Committee on Taxation estimates that it will cost taxpayers $57.5 billion over five years. Unlike most other special provisions, the credit actually addresses a clear market failure. When firms invest in research, most of the benefit goes to society in general.
In many cases, the aerospace industry is still a primarily male-dominated field. As of last year, one-third of NASA’s employees were women, according to an article by SiliconANGLE. With a new piece of legislation, Congressman Steve Knight (R-Palmdale) and Congresswoman Elizabeth Esty (D-Connecticut) hope to encourage more women to enter jobs in the science, technology, engineering and mathematics (STEM) field.
U.S. Rep. Lamar Smith, R-San Antonio, an influential senior House member first elected to Congress in 1986, announced Thursday that he will not seek re-election in 2018 when his six-year stint as chairman of the House Science, Space and Technology comes to an end.
Small businesses are the backbone of the American economy and employ almost half of the working population. Yet because of their size, they rarely have access to the same information security resources as large firms. Without significant IT departments or dedicated information security personnel, they may be more at risk of cyberattacks than large enterprises.