Primary Sources

Competitiveness and Innovative Capacity of the United States Report, January 2012

The U.S. Department of Commerce, in consultation with the National Economic Council, released this January 2012 report on competitiveness and innovation. The foreward states,

"On January 4, 2011, President Barack Obama signed into law the America COMPETES Reauthorization Act of 2010 (COMPETES). Section 604 of COMPETES mandates that the Secretary of Commerce complete a study that addresses the economic competitiveness and innovative capacity of the United States (see Supplemental Materials). Congress directed that this report address a diverse array of topics and policy options, including: tax policy; the general business climate in the U.S.; regional issues such as the role of state and local governments in higher education; barriers to setting up new firms; trade policy, including export promotion; the effectiveness of Federal research and development policy; intellectual property regimes in the U.S. and abroad; the health of the manufacturing sector; and science and technology education."

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Must Read Authors: Uri Dadush and William Shaw

American policy discourse is notoriously preoccupied with the country's loss of competitiveness. This Vox column by Uri Dadush and William Shaw argues that these fears are misplaced, and that faulty fiscal policies are to blame for the perception that the United States has lost its edge.

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Video Interviewer: L. Camille Massey
Interviewee: James W. Owens

Jim Owens, Caterpillar Chairman and CEO Emeritus, discusses the importance of competitiveness and free trade issues for the long term economic health of the United States and for the country's leadership role in the world. Owens spoke to Council on Foreign Relations Vice President Camille Massey during CFR's 2011 Corporate Conference.

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