Founded in 2006, the Information Technology and Innovation Foundation is a 501(c)(3) nonprofit, nonpartisan research and educational institute—a think tank—focusing on a host of critical issues at the intersection of technological innovation and public policy. Its mission is to formulate and promote policy solutions that accelerate innovation and boost productivity to spur growth, opportunity, and progress.
Tax incentives for research and development (R&D) in America are less generous than in comparable countries—and now prevent firms from expensing the full value of R&D investments in the first year. Enhancing R&D tax incentives would create high-paying jobs across the country.