Specificity of the Bipartisan Consensus on Innovation Policy in the USA

The purpose of this study is to assess the prospects for the development of US innovation policy at the present stage. The methods of statistical and comparative analysis, deductive analysis, as well as analysis of historical data and the current state of the problem, are used. The paper considers the evolution of the bipartisan consensus of the Republican and Democratic parties of the United States on innovation policy issues. The current study presents an analysis of the system of state regulation of innovation policy in the United States, the specifics of the approaches of the Republican and Democratic parties to the problem of ensuring leadership in the global innovation sphere in the context of intense competition with China. The results show that innovation policy is considered by both system-forming parties of the United States as a priority for ensuring national security and maintaining the leadership of the United States in the global economy, the international technological ecosystem, which necessitates revising approaches to its state regulation and developing key drivers for accelerating scientific and technological progress, which the state intends to focus on in matters of stimulating innovative activity in the country computing, technological competition between the United States and China.

Authors

Institutions

Publication Details

Journal
Review of Business and Economics Studies
Published
2025-04-15
DOI
https://doi.org/10.26794/2308-944x-2025-13-1-73-83
Primary Topic
Innovation Policy and R&D
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Specificity of the Bipartisan Consensus on Innovation Policy in the USA

Anna Menshikova, P. V. Menshikov
1 links
Review of Business and Economics Studies
Innovation Policy and R&D
article

Specificity of the Bipartisan Consensus on Innovation Policy in the USA

Anna Menshikova, P. V. Menshikov
article en

Abstract

The purpose of this study is to assess the prospects for the development of US innovation policy at the present stage. The methods of statistical and comparative analysis, deductive analysis, as well as analysis of historical data and the current state of the problem, are used. The paper considers the evolution of the bipartisan consensus of the Republican and Democratic parties of the United States on innovation policy issues. The current study presents an analysis of the system of state regulation of innovation policy in the United States, the specifics of the approaches of the Republican and Democratic parties to the problem of ensuring leadership in the global innovation sphere in the context of intense competition with China. The results show that innovation policy is considered by both system-forming parties of the United States as a priority for ensuring national security and maintaining the leadership of the United States in the global economy, the international technological ecosystem, which necessitates revising approaches to its state regulation and developing key drivers for accelerating scientific and technological progress, which the state intends to focus on in matters of stimulating innovative activity in the country computing, technological competition between the United States and China.

Review of Business and Economics StudiesVol. 13(1)
Plekhanov Russian University of Economics (RU), Financial University (RU)
Openalex Percentile: Top 88%
Innovation Policy and R&D
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.