#GENIUSAct La (acronym for Generating Entrepreneurship and Innovation for Nation’s United Strength) is a legislative proposal in the United States focused on improving the country's technological and innovation competitiveness, especially against powers like China.

Main objectives:

1. Promote innovation and entrepreneurship in strategic sectors such as artificial intelligence, semiconductors, biotechnology, and cybersecurity.

2. Boost investment in R&D through grants, tax incentives, and collaboration between the government, universities, and the private sector.

3. Protect intellectual property against theft or economic espionage by rival countries.

4. Strengthen critical supply chains, especially in technology and advanced manufacturing.

Key components:

Grants for tech startups.

Expansion of regional technology centers.

Programs for retaining scientific and technical talent.

Regulation to prevent foreign capital from accessing sensitive technologies.

Context:

It has been mentioned as part of a bipartisan effort to counter the growing technological influence of China and ensure U.S. technological supremacy in the 21st century. It is linked to proposals such as the CHIPS and Science Act and the National AI Strategy.