News & Updates

Overview While being caught in traffic may feel like an inconvenience to you, the cumulative cost on the economy is massive. A study by mobility analytics company Inrix found that Americans lost a total of 51 hours, and traffic congestion cost the United States more than $81 billion in 2021. Considering the high cost of […]

Overview As competition in the global innovation landscape intensifies, there is a growing urgency to capitalize on untapped talent, technology, investment, and infrastructure. To boost competitiveness, the United States—and Tennessee—must focus on expanding and deepening both the demography and the geography of innovation, meaningfully engaging different communities and diverse populations as workers, innovators, entrepreneurs, and […]

Overview What are the key factors to building an innovative economy? Kicking off the Tennessee Competitiveness Conversation, global business leaders with major operations in Tennessee explored the key pillars of innovation as articulated in the Council’s “National Commission on Innovation & Competitiveness Frontiers”—highlighting both key challenges and opportunities for Tennessee, particularly within the automotive and […]

Overview With the United States facing unprecedented challenges at home and abroad—from economic inequality to geopolitical tension to climate change to energy and national security—innovative solutions are needed more than ever. Innovation can foster the development of sustainable technologies, create new economic opportunities, and promote collaborative solutions to global issues. But innovation is often an […]

Economists have been keeping a close eye on the U.S. labor market as the economy continues to toe the line between inflationary and recessionary pressures. In particular, experts have noticed a divergence between sustained tightness in the labor market (e.g., low unemployment, high job openings), and easing inflation. New research from Brookings points to elevated […]

On February 26, 2024, the Council on Competitiveness convened its 29th Technology Leadership and Strategy Initiative (TLSI) Dialogue on the Arizona State University (ASU) campus. Nearly 30 leaders from technology companies, universities, government, and national laboratories gathered to explore the issues, challenges, and opportunities shaping the U.S. innovation ecosystem. Discussions were centered around two themes—developing […]

On June 12, 2024, members of the Council on Competitiveness Board, Executive Committee, and National Commission on Innovation and Competitiveness Frontiers Commissioners met virtually to take stock of the Council’s 2024 work agenda to date, and to discuss the next steps across the Council’s policy and programs portfolio leading up to the December 2-3, 2024, […]

In the decade prior to the COVID-19 pandemic, American entrepreneurship lagged behind the historically high levels that many have come to expect. In 1982 about 38 percent of U.S. firms were less than five years old; by 2018, that share fell to 29 percent, with many start-ups concentrated in Silicon Valley and a few other […]

In late-April, under the auspices of the National Commission on Innovation & Competitiveness Frontiers, the Council launched its “Competitiveness Conversations Across America” series in Nashville, Tennessee. The event was thought-provoking and insightful, and it made us even more optimistic about Tennessee and our country. Following the success in Tennessee, May has seen the Council prepare […]

Council on Competitiveness President and CEO Deborah Wince-Smith recently joined the Manufacturing the Future podcast to discuss the U.S. competitiveness equation – covering factors driving long-term productivity and prosperity like the convergence of the digital and the physical in modern manufacturing, to the challenges and opportunities facing the U.S. worker. Deborah shared the Council’s priorities […]