The U.S. alleges that China is rigging the semiconductor market in its favor by indulging in unfair trade practices. "This unprecedented state-driven interference can distort the market and undermine the innovation ecosystem," Penny Pritzker, U.S. secretary of commerce, said during a Wednesday event organized by the Center for Strategic and International Studies.
We are less competitive than Singapore? How can that be? The reason is that Singapore, like Switzerland, has much better free-market policies. Dan pointed out that if you look at the top-10 nations and the three major measurements, the United States ranks extremely high in “efficiency enhancers” and “innovation and sophistication factors,” both of which have a lot to do with the private sector’s competitiveness.
As with any immense opportunity, there are risks involved – in this case, bad actors who in the name of chaos or blackmail disrupt the communication and connectivity we all depend on. But we must not let these cybercriminals hinder innovation and the countless ways in which technology is changing our lives for the better.
Across the United States and the globe, a push to innovate and build smart, technologically advanced cities has transformed the way governments approach public service. It's also transforming their budget and hiring priorities. "We want more people who are drone operators, interested in robotics and understand data analytics and visualization," said Jeanne Holm, who this past summer was appointed to the position of senior technology advisor to Los Angeles Mayor Eric Garcetti.
These events brought together members of Congress, governors, other federal, state, tribal, and local officials, academic leaders, private sector energy leaders, DOE officials, and other stakeholders from economic development organizations and nongovernmental organizations to examine clean energy technology innovation from a regional perspective.
If you couldn’t post updates to Twitter or binge watch your favorite shows on Netflix last Friday, you weren’t alone - a massive distributed denial-of-service (DDoS) attack on Dyn, a domain name system (DNS) that essentially acts as an online phone operator, took out huge swaths of the Internet. Millions of people across the US reported difficulty or inability to access some of the most trafficked websites in the country.
This report examines the importance of patents as a measure of invention to economic growth and explores why some areas are more inventive than others. Why should we expect there to be a relationship between patenting and urban economic development? As economist Paul Romer has written, the defining nature of ideas, in contrast to other economic goods, is that they are non-rival: their use by any one individual does not preclude others from using them.
China has surpassed the United States to become the world's largest iOS app market in the third quarter, according to a report released on Thursday by App Annie, a US-based mobile analytics company. The company said that with 75 per cent of revenue from games, China's iOS revenue exceeded US$1.7 billion (S$2.37 billion) in the latest quarter, leading the US by more than 15 per cent.
The consensus was clear: a robust patent system has been the basis for the United States’ past economic growth, and degradation of that system will inevitably hurt the U.S. position in the world economy. Panelists at a Wednesday Capitol Hill briefing sponsored by Eagle Forum each warned of dire implications of continuing changes to U.S. Patent Law.
The writing is on the wall: China is the world second largest economy and the growth rate has slowed sharply. The wages are rising, so that the fabled army of Chinese cheap labor is now among the most costly in Asian emerging economies. China, in the last thirty years has brought hundreds of millions of people out of poverty, but this miracle would stall unless China can undertake another transformation of becoming an innovation nation. Historically, leading national economies are almost inevitably the global leaders in technology.