TechNet Day 2013

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TechNet Day 2013 

TechNet Day is the organization’s annual CEO fly-in to Washington, D.C. in which dozens of TechNet executives come to the nation’s capitol to advocate for policies and initiatives to spur America’s innovation economy.  This year, TechNet CEOs and executives delivered a clear message on the importance of high-skilled immigration reform to the country’s economic strength and competitiveness.

Specifically, TechNet CEOs and senior executives held meetings with President Obama and senior administration officials, as well as meetings with Congressional leaders from the U.S. House.  In addition, TechNet Day featured an inaugural Politico CEO Roundtable Breakfast on “Ideas on Innovation and Growing the Economy,” featured key TechNet executives including: John Doerr, Partner at Kleiner Perkins Caufield & Byers; Weili Dai, co-founder, Marvell Technologies; John Chambers, Chairman and CEO of Cisco; Steve Case, Chairman and CEO of Revolution, LLC and former CEO of America Online (AOL); and Charles Scharf, CEO of Visa.  More information here.

In conjunction with TechNet Day, TechNet also unveiled new survey from Zogby Analytics that shows Americans strongly support an open and flexible immigration system to embrace highly skilled workers. Furthermore, the study demonstrates broad support for R&D, corporate tax reform and more federal government focus on science, technology, education and math (STEM) education.

Highlights of the survey:

  • 63% of likely voters believe that the U.S. faces a shortage of high skilled workers and that immigration policy should encourage highly skilled workers to stay in the country.
  • Americans are also worried that we may be losing our global edge in innovation as nearly 43% believe the next major technology or innovation product will come from China while only 30% believe this discovery will come from the United States.
  • An overwhelming majority of Americans (77%) expressed their support for increased spending STEM education, while a majority of those polled (56%) strongly support using visa related fees to fund more STEM education.  Nearly 6 in 10 Americans (58%) do not believe the federal government spends enough on promoting STEM education.
  • R&D Merits Strong Support. Over three quarters (77%) of respondents support (somewhat or strongly) more federal support for corporate R&D programs.
  • 70% believe the U.S. tax code should put American companies on an equal footing with their foreign competitors.  Three in four Americans (74%) also support simplification of corporate tax rates to help businesses stay more competitive in the global economy and a strong majority (62%) agrees that reduced corporate tax rates will lead to more hiring.

For more on the survey, click here.  (Zogby Analytics was commissioned by TechNet to conduct an online survey of 1000 U.S. adults. The survey was conducted from March 4-5, 2013 with a margin of error of +/- 3.2%. )