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House conservatives are criticizing a bipartisan bill authored by Senate Majority Leader Charles Schumer The conservative Republican Study Committee, which has 154 members and is the largest GOP caucus in Congress, said the bill is too expensive in an internal memo obtained by The Hill. It also said the bill should take tougher actions against China for stealing intellectual property rights and for industrial espionage. ADVERTISEMENT The memo criticizes the Endless Frontier Act, a $100 billion bipartisan bill proposal aimed at reinvigorating the National Science Foundation to compete with Ch...

© Getty Images A consensus is forming in Washington that the federal government is not doing enough to help American innovation. New research suggests that federal underinvestment is contributing to sluggish productivity and eroding America’s global competitiveness. Current public spending on research and development (R&D) stands at roughly $130 billion — dwarfed by the private sector’s more than $450 billion. This is a complete reversal of R&D spending in the decades following World War II, when the federal government led the way. Large increases in federal R&D may now be imminent. Sp...

PHOTO: CAMERON DAVIDSON Recent weeks have seen numerous calls for more investment in research and development (R&D) in the United States. This is understandable with a new administration that is friendlier to science and with The Endless Frontier Act—a measure that could double the budget of the National Science Foundation in 5 years—under consideration in Congress. Proponents of the bill are heralding its potential to enhance America's competitiveness: A large part of the new money would go for “use-inspired” basic research aimed at economic growth. Although the new money for science...

To print this article, all you need is to be registered or login on Mondaq.com. Section 337 of the Tariff Act of 1930, 19 U.S.C. § 1337 ("Section 337"), gives the U.S. International Trade Commission ("ITC") broad powers to investigate and address unfair acts and unfair competition in the importation of articles into the United States. Most Section 337 investigations address issues of infringement of statutory intellectual property such as patents, trademarks, and copyrights. Recently, however, Section 337 has increasingly been used to address other unfair acts such as...

U.S. Sen. Young Stresses Urgency Of Tech Investment In Race Against China Unable to load the audio player. playpausemuteunmute Courtesy of Young's office President Joe Biden repeatedly emphasized a need to better compete with China during his first address to Congress. That’s a message U.S. Sen. Todd Young (R-Ind.) has been preaching for a while. And legislation of Young’s fits right into that national conversation. Young said the U.S. has already fallen behind China in some high-tech categories. What’s needed to catch up and stay ahead, he said, is investment. And that’s what his End...