ChinaTalk A User's Guide to US Industrial Policy
Jan 22, 2021
Rob Atkinson, President of ITIF and a leading voice on tech and innovation policy, shares insights on U.S. industrial strategy amid China's rise. He discusses the urgent need for America to boost its technological competitiveness and critiques past economic ideologies. The conversation dives into navigating complex global trade dynamics and the necessity of stronger international alliances. Atkinson also emphasizes the importance of expertise in government to tackle strategic industries and proposes the creation of a National Technology Council to bolster innovation.
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Importance of IT Leadership
- National IT leadership is crucial for economic prosperity and military strength.
- Falling behind in tech could lower living standards and diminish global influence.
Historical Examples of Industrial Policy
- Lincoln's support of the Transcontinental Railroad and land-grant colleges was crucial for industrial growth.
- Roosevelt's intervention with RCA demonstrates how government can foster key industries.
Role of Government in Technological Dominance
- US technological dominance wasn't accidental but resulted from government support of the private sector.
- Government funding was essential for developing technologies like semiconductors and the internet.
