Switzerland, Sweden, the Netherlands, the USA and the UK are the world’s most-innovative countries, while a group of nations including India, Kenya, and Viet Nam are outperforming their development-level peers, according to the Global Innovation Index 2017 co-authored by Cornell University, INSEAD and the World Intellectual Property Organization (WIPO).
It’s easier to change an organization’s technology stack than its culture or talent pool, and for banks, sometimes the biggest obstacle isn’t technology or regulation, it’s force of habit. Wells Fargo and Citibank know that now. Both banks have created dedicated innovation units within their organizations in 2015.
Today, we use our phones to do everything from hail rides to find dates to avoid any and all eye contact on public transportation. Of course, there were and are other smartphones out there, but it is hard to argue with how the iPhone has captured the consumer imagination with the potent combination of Apple’s technology, secrecy and flair for design.
Many talk about and plan for an Internet of Things (IoT) future, but they don’t truly understand the true power of its capabilities. Predictions suggest that IoT will have as much impact on human lives, governments, businesses and institutions as the harnessing of water for steam power, the discovery of electricity and the computer age had on the generations before us.
Representing an updated and expanded version of Senator Coons’ STRONG Patents Act of 2015, the STRONGER Patents Act takes critical steps to improve the patent system. It treats patents like any other property, permitting injunctions to protect patent owners against infringement during and after court cases. It ensures fairness in Patent Office administrative proceedings, limiting repetitive and harassing challenges against inventors.
Robust private-sector investment and prudent regulation from policymakers have helped establish Maryland as a cradle of innovation and a leader in the U.S. innovation economy. Few states can match Maryland's highly skilled workforce, market access and technology-centered policy incentives, and the U.S. Chamber of Commerce ranked Maryland No. 1 in the country for entrepreneurship and innovation.
The U.S. Air Force’s new civilian head wants the service to retake its claim as the military’s innovation pioneer. To do that, it will have to renew investments in basic and applied research that in the past have enabled massive gains in stealth, computing technologies and composite materials, she said Tuesday.
America's corporate tax system is broken, posing a long-term threat to investment, innovation, and job creation in the United States. The U.S. has the highest corporate tax rate in the developed world – higher than France, Brazil, Venezuela, and dozens of other nations. As a consequence, there are $3 trillion in earnings from U.S. companies locked overseas that otherwise could be invested in the American economy. This makes no sense. Our tax laws should encourage investment here at home.
Over the years, China has picked up an image of being a copycat in technology, creating knock-off products already produced in the U.S or elsewhere. That image is quickly disappearing.