America risks losing the technology race to China

GUEST COLUMN, Paul Michel, Council for Innovation Promotion
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.