The scope and magnitude of the trade-off between immediate savings from lower drug prices and future health benefits from clinical development remain poorly understood and quantified. To support rigorous evaluations and inform evidence-based policymaking, it is crucial to invest in this area through research grants and improved access to federal and private data.

Wind and solar power will replace consistently dispatchable electricity from fossil fuels with variable and more unpredictable clean energy. Seasonal shifts and annual variations cannot be handled with batteries or other proposed storage solutions like hydrogen. Natural gas will have to bridge the gap for many decades.

There may be no more important question for the West’s competitive position in advanced industries than whether China is becoming a rival innovator. While the evidence suggests it hasn’t yet taken the overall lead, it has pulled ahead in certain areas, and in many others Chinese firms will likely equal or surpass Western firms within a decade or so.

Some conservatives have grievances with “Big Tech” companies and would marshal the power of government to punish them. But the policy proposals stemming from this conservative “techlash” would have significant costs for consumers, businesses, and the economy.

Digital IDs are a more convenient, secure, and versatile option than physical IDs, but few Americans currently have one. With the right investments and collaboration between federal and state governments, Americans could realize the full potential of digital IDs.

Chinese companies have become leading innovators in display technologies, in addition to becoming the largest global producers. China’s display industry has grown as a result of extensive subsidies, rampant intellectual property theft, and economies of scale.

China’s lead in quantum communications is undeniable, but its overall quantum prowess is limited; without computing breakthroughs, the United States still holds the upper hand.

Children play a crucial role in driving adoption of immersive technologies—and parents, corporations, and regulators all have roles to play in balancing privacy and safety concerns to ensure they can enjoy safe, engaging, and innovative experiences.

Innovation, productivity, and competitiveness must be top priorities for Canada’s next federal government, not sidenotes or vague aspirations to be addressed with little more than lip service.

China’s relentless drive and strategic investments in AI suggest it is only a matter of time before it catches up—if not surpasses—the United States’ early lead.

China stands about five years behind global leaders in high-volume manufacturing of leading-edge logic semiconductor chips, and continues to trail in memory chips and semiconductor manufacturing equipment, although Chinese firms have made inroads in semiconductor design and production of legacy semiconductor chips.

The U.S. Development Finance Corporation (DFC), which was created to serve counterweight to China’s Belt-and-Road initiative, rewards countries whose intellectual property and data policies harm American commercial interests and jobs. That needs to stop.

As AI continues to advance, the technology has created many opportunities and risks. Despite significant geopolitical differences, a series of interviews with AI experts in China and the United Kingdom reveals common AI safety priorities, shared understanding of the benefits and risks of open source AI, and agreement on the merits of closer collaboration—but also obstacles to closer partnerships.

China used to be considered a laggard in biotech. But with a comprehensive national strategy and extensive resources now supporting the industry, it is becoming more innovative. In fact, several indicators suggest it is narrowing the innovation gap with global leaders in the West.

China is at the global forefront of the electric vehicle (EV) and EV battery industries. Its firms produce nearly two-thirds of the world’s EVs and more than three-quarters of EV batteries. They also have produced notable innovations in EV products, processes, and customer experiences.

A Democratic staff report from the House Small Business Committee claims that small businesses are better for the economy and large firms are harming it. But most of the report’s assertions stem from flawed research, and its policy recommendations would be detrimental.

Though China built upon a foreign base of technology, it has become the world’s leading proponent of nuclear energy. Chinese firms are well ahead of their Western peers, supported by a whole-of-government strategy that provides extensive financing and systemic coordination.

The next administration needs to place innovation, productivity, and competitiveness at the core of its economic policy. To that end, this report offers a comprehensive techno-economic agenda with 82 actionable policy recommendations.

America desperately needs a federal privacy law—but it needs the right federal privacy law. In its current state, APRA is not that law. But with a few important changes, it could be.

Protecting children from online harms requires a careful balance between ensuring safety and safeguarding free speech, user privacy, and parents’ rights. The most effective approach would split responsibility between the government, parents, and online services.

Some concerns are legitimate, but others are not. Some require immediate regulatory responses, but many do not. And a few require regulations addressing AI specifically, but most do not.

Despite claims by anticorporate neo-Brandeisians, corporate concentration appears positively correlated with higher productivity and wages. So, the push to break up large companies is antiworker and anti-middle class.

Congress has allocated $42.5 billion to bridge America’s digital divide through the Broadband Equity, Access and Deployment (BEAD) program. To achieve that goal, states and territories must carefully craft plans to use their shares of the funds to the greatest possible benefit.

Larger firms are generally more productive because of scale economies, but some U.S. industries still have too high a share of small firms. Policymakers should encourage, not discourage, greater consolidation in these industries.

China is leading in chemical production, especially basic chemicals. And while it is currently lagging behind on innovation—especially in more complex fine chemicals—all signs suggest it will catch up with the global leaders within the next decade or two.

Technologies and tech companies are accused of creating a myriad of societal problems. Technology Fears and Scapegoats exposes them as mostly myths, falsehoods, and exaggerations. It issues a clarion call to restore the West’s faith in technological progress.