Washington is moving beyond traditional support for innovation and toward a more interventionist technology policy. Through strategic prioritization, the government purchase of equity stakes, export controls, research restrictions, and directed funding, the American state is assuming a larger role in shaping technological development. But the move also introduces risks, including distorted investment, reduced access to global talent, and growing tensions with U.S. allies. It also raises a larger question: Will the American model of development by private innovation and market solutions survive America’s techno-industrial turn? To read the full report, Click Here.

