A potent mix of bureaucratic red tape and adverse court rulings is deterring U.S. startups and small businesses from investing in cutting-edge technologies – slowing our tech progress just when America needs to sprint to stay ahead of China.
In fact, thanks to a combination of smart policies and massive investments in advanced technologies, China is rapidly taking the innovation lead. According to a study funded partly by the State Department, America now trails China in 37 of 44 critical technology areas – from 6G telecommunications and renewable energy to hypersonic missiles.
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