The United States is now the second-most competitive economy in the world, climbing to an eight-year high in global rankings, according to an analysis published Tuesday by the World Economic Forum. The latest edition of the Global Competitiveness Report, an annual ranking of 137 economies based on data from international financial institutions, moved the United States up from the No.
Six years ago, Congress passed the America Invents Act to update the US patent system. As part of the Act, a new administrative body, the Patent Trial and Appeal Board (PTAB), and procedures were created within the US Patent Office where parties could challenge and possibly overturn unmerited patents. Yet, in just a few months, the Supreme Court might reverse this nascent progress--with potentially catastrophic effects for American innovation.
Even as space-based services like weather forecasting and GPS become an intimate, inseparable part of our daily lives, we risk the sustainability of the space environment through sloppy practices that could make near-Earth space into a perilous demolition derby. Right now, more than 500,000 pieces of space debris (ranging in size from that of a marble to a school bus) closely orbit the Earth.
The internet revolution in China saw companies design products and services to solve social issues in the world's second-largest economy. Now, businesses are working to innovate in more hardcore technological areas such as artificial intelligence, according to a leading investor.
Amazon's vice president for global innovation policy and communications, Paul Misener, gave the keynote speech at Retail Week's tech conference in London this week, telling the assembled retailers what they can learn from the ecommerce giant's growth.
When we discuss technology innovations, we usually focus on the ways that new tech is making our lives easier. While this is certainly a great perk of technology, it also causes us to overlook an even better benefit of the new innovations and developments we see on a daily basis: how technology is improving learning. Both inside and outside the classroom, the following tech innovations are having a drastic impact on the way people learn, helping to change education for the better.
In recent months, China has quietly given the United States a series of new “Sputnik Moments”--not as dramatic as a radio beacon from overhead, but just as significant as a challenge to American technological leadership. And as U.S. debates have focused on trade deficits and recovering manufacturing jobs, Beijing has achieved the scientific and technological feats that herald its arrival as an innovation superpower.
Before discussing remedies, Google’s offensive conduct must be placed into two distinct bins: censoring speech (via blocking) and threatening innovation (via discrimination). Blocking Gab and threatening publishers goes the issue of speech, whereas discriminating against Opera and Vivaldi (or against local search app Yelp) raises innovation concerns. As a competition blog, the remedies discussed here deal with promoting edge innovation.
Today, data is shared like never before for a multitude of reasons, and it isn’t just tech startup entrepreneurs who are pioneers. State policymakers can make their regions more competitive by promoting data-driven innovation at universities, private companies and government agencies.
While the status of the U.S. health-care system has divided Congress, there’s one reform provision that unites a bipartisan majority of lawmakers, including Sens. Bob Casey and Pat Toomey: Repealing the innovation-crushing medical device excise tax.