Posts Tagged: "Information Technology and Innovation Foundation"

ITIF Report Recommends Enhanced U.S. Tax Incentives for R&D

The Information Technology & Innovation Foundation (ITIF) yesterday released a report authored by John Lester and Jacek Warda, titled “Enhanced Tax Incentives for R&D Would Make Americans Richer.” The ITIF is a nonprofit, nonpartisan research and educational institute that focuses on technological innovation and public policy. The report explained that many countries seek to increase innovation and, therefore, provide tax support to companies to incentivize them to perform research and development (R&D). The report also explained that United States falls “behind comparable countries in the level of tax support it provides to spur research and development” and that increasing such tax support or incentives would likely result in a boost in “Americans’ real incomes through innovation, productivity, and competitiveness.”

With Congress Focused on Copyright, Industry Must Deliver Solutions to the Piracy Problem

A recently released report from the Information Technology and Innovation Foundation (ITIF) argues that while there is no easy solution to the ongoing scourge of digital content piracy on the Internet, voluntary agreements between copyright holders and payment processors, advertising networks, domain name registrars, search engines, and other stakeholders can serve as an important complement to legislative and other efforts by governments. Industry should come together and engage in a cooperative way to find mechanisms to stop copyright infringement. If we want original content creators to create original content, then copycats cannot be allowed to profit on the work done by others. Sadly, copyright infringement is rampant on the Internet, which is one of the reasons why there is so much duplicative content. And the industry hasn’t come together to provide a real solution for creators.

This Week on Capitol Hill: Drone Security Developments, Clean Energy Innovations, and Think Tanks Look at Patent Reform and Drug Pricing

This week, the U.S. Senate will hold hearings on enhancing drone innovation and addressing cybersecurity concerns; reducing prescription drug prices; and developments in geothermal energy technologies. The House of Representatives will host a hearing on clean energy tech development as well as a markup meeting on a proposed bill to increase participation in STEM careers. Meanwhile, think tanks the American Enterprise Institute and the Information Technology and Innovation Foundation will take a look at the patent reform debate with Representative Steve Stivers (R-OH) and explore the potential effects of proposed drug pricing reforms on innovation in the pharmaceutical sector, respectively.