This report builds on its predecessor, the North American Subnational Innovation Competitiveness Index (NASICI), using 13 commonly available indicators to compare the innovative capacity and global competitiveness of the subnational regions of Canada, Germany, Italy, and the United States. Rather than being “Manna from Heaven” beyond the control of economic actors, innovation-driven productivity growth is something governments and society can and should actively promote. While ITIF encourages further investments in advanced capital equipment (e.g., industrial robots for manufacturing), economies at the technological frontier must also be able to design and develop new technologies, products, and processes to boost productivity, the ultimate source of long-term economic growth. Such strategies are becoming more common, as exemplified by Germany’s “Industry 4.0” (2011) and China’s “Made in China 2025” (2015) as well as the United States’ passage of the CHIPS and Science Act this July (2022).Īs countries develop economically, they are less able to rely on simple “catch-up” growth strategies such as technology absorption from more-developed countries. Improving both national- and state-level innovation competitiveness entails governments fostering advanced industries and incentivizing the activities that lead to technological progress, such as R&D and making investments in productivity-enhancing technologies.
Governments-at federal, state, and even regional and city levels-are realizing that they must develop innovation strategies to compete in an increasingly knowledge-, technology-, and innovation-driven global economy.
Professional, Technical, and Scientific Employment 18Īppendix A: Composite and Category Scores Methodology 46Īppendix B: Indicator Methodologies and Weights 47Īppendix D: Full Dataset and Rankings Error! Bookmark not defined. The Transatlantic Subnational Innovation Competitiveness Index 5
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