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At a time when most legislative initiatives in the U.S. grind to a halt, in large part because political jockeying replaces policymaking as the presidential and congressional elections draw closer, America continues to fall behind our biggest economic competitors. Foreign governments continue to pursue policies that will improve their country’s economic prospects while our lawmakers seem frozen in [...]
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Our immigration system is hurting our nation’s economic recovery. Yes, not exactly breaking news, but we got another reminder of this well-known reality yesterday when the U.S. government announced that all 85,000 new H-1B visas for Fiscal Year 2013, including 20,000 for U.S. advanced degree graduates, were used up as of Monday. It took only ten weeks to hit the H-1B cap. Compare that to last year, [...]
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Starting Wednesday, the U.S. will host the third U.S.-India Strategic Dialogue, with economic issues front and center in the discussions. We expect that one of the trade issues that will come up is the Indian government’s preferential market access (PMA) mandate for electronic goods. It's a policy that could severely hurt trade between the two countries, especially in the technology arena. As the [...]
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A House subcommittee hearing today focused on the issue of extending temporary business tax measures that influence investment and business decisions in the U.S., and ITI pressed for quicker action by the Congress to move the legislation into law. ITI’s Bret Wincup takes a look at the issues, and you can see the formal statement that ITI provided to the subcommittee. In recent months, there has been [...]
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ITI is excited to see momentum building around expansion of the most important trade agreement for the tech industry, the Information Technology Agreement (ITA). Just this week, members of the Asia-Pacific Economic Cooperation reaffirmed their commitment to play a key role as the World Trade Organization (WTO) works to expand the ITA. Last month, WTO members met in Geneva to mark the fifteenth anniversary [...]
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Bloomberg today came out in favor of bipartisan Senate legislation that has ITI's backing -- the recently introduced Startup 2.0 Act. In its editorial, Bloomberg highlights the competitive disadvantage that the United States faces because of an arbitrary, outmoded immigration system. During the next five years, 100,000 immigrants – many with advanced degrees – will leave America and take their innovative [...]
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As trade negotiators start to move on the potential expansion of products to be covered by the Information Technology Agreement, Intel's Greg Slater blogged about the significant economic benefits that an expansion would hold for the U.S. and global economies. Greg's blogs are all posted on the Intel Policy Blog. Government officials have in hand a major boost for our global economy that will [...] -
Earlier this week, the Senate Energy and Natural Resources Committee held a hearing on the government’s role in energy innovation, with Norm Augustine as the star witness. Mr. Augustine is the former Chairman and CEO of Lockheed Martin. His testimony was on behalf of the American Energy Innovation Council, whose members also include Ursula Burns, Chair and CEO of Xerox, John Doerr of Kleiner Perkins, [...]
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In the Daily Caller on Friday, ITI's Robert Hoffman focuses on a growing debate before the Congress: namely, how do we keep the foreign-born innovators that we train in U.S. colleges and universities here, in the U.S., after graduation? He argues that it's time to fix America's immigration system and keep these job creators here. College graduations are in full swing across our great nation. As [...]
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It is difficult to point to a specific item that has changed our daily lives more during the past decade than the smart phone. Having instant access to news, information, communications, and entertainment is one of the high-tech industry’s real game-changers. Mobile technology has brought not just increased productivity, but also new businesses and jobs to the U.S. economy. But as an increasing [...]
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