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News & Press: Colorado Technology Industry

Innovation Policy on a Budget: Driving Innovation in a Time of Fiscal Constraint

Monday, September 27, 2010   (0 Comments)
Posted by: Su Hawk
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Innovation Policy on a Budget: Driving Innovation in a Time of Fiscal Constraint
September 24, 2010


From ITIF, The Information Technology & Innovation Foundation

by Robert D. Atkinson,
Daniel Castro,
Scott M. Andes,
Stephen Ezell,
Darrene Hackler and Richard Bennett

(CSIA introduction:  ITIF is an organization that provides technology thought leadership, and CSIA has been proud to work with this national organization throughout the years.  Given the increased local and national discussions regarding tight fiscal budgets for federal government, as well as the world-wide need for more innovation, we hope you enjoy this paper.)

After record-setting spending to keep the economy from the brink of collapse, the public has grown wary, even hostile, to the idea of more government pump priming. Even those who advocate additional public investment face daunting budget constraints. Does this mean that government is hamstrung when it comes to spurring innovation? Not at all. In this report, ITIF lays out a nine key ways to keep innovation going even if funds are limited. They include regulations to encourage rather than inhibit innovation, smarter tax policies, procurement reform, better use of technology to drive innovation and more. Link here for the full PDF document.

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