TechNet: The Voice of the Innovation Economy
Our Issues

Innovation and Competitiveness

TechNet is committed to continued U.S. competitiveness and economic growth. Public policies and private sector initiatives that spur our nation's innovation-driven global competitiveness are our top priority.

Technological advances, the convergence of computing, communications and content and cross-disciplinary innovations are creating new technologies and whole new industries. The Innovation Economy is not an American phenomenon. It is a global transformation that is taking root in China, India, Russia and other nations. These nations are investing in emerging technologies to seize a competitive advantage in the industries and markets of the future.

Other nations are rapidly catching up to - and even surpassing - the United States in areas of traditional American preeminence. The impact of innovation, technology and new ideas on economic growth, job creation, prosperity and quality of life is well understood yet it is our global competitors who are investing in education, encouraging entrepreneurship through expanded use of employee stock options, making next generation infrastructure a priority and implementing other policies designed to spur innovation.

In this era of increased global opportunities and challenges, we need to redouble our commitment to public policies and private sector initiatives that make the U.S. the most competitive and innovative country in the world, and that create jobs and opportunity for Americans.