TechNet Announces New Multi-State Advertising Campaign Urging Passage of the U.S. Innovation and Competition Act

Washington, D.C. – TechNet, the national, bipartisan network of innovation economy CEOs and senior executives, announced today the launch of a six-figure, multi-state advertising campaign urging Congress to pass the U.S. Innovation and Competition Act. The ad, “Made in America,” will run on cable in five states – West Virginia, Mississippi, Indiana, Ohio, and Idaho – from July 15 through July 25. The ad highlights how the bill will usher in a new era of innovation and opportunity in the U.S. by investing in high-tech manufacturing and scientific research, creating good-paying jobs for American workers, and strengthening U.S. supply chains.

The following can be attributed to TechNet President and CEO Linda Moore:

“It’s crucial we reclaim America’s global leadership in innovation. Less than a decade ago, the Bloomberg Innovation Index ranked the U.S. as the most innovative country in the world. In their latest rankings, we fell to 11th place. Without action, America’s science and technology superiority will continue to decline as foreign competitors, especially China, dedicate resources to the future of innovation and look to undermine American influence, values, and security. We can’t let that happen.

“This historic investment is the bold action needed to ensure the newest, life-changing technologies are developed and made in America. The bill would create good-paying jobs across the U.S., strengthen our domestic supply chains, and spur new American innovation. As the ad says, passing the U.S. Innovation and Competition Act will help the U.S. win the 21st century. It’s critical that Congress acts now and passes this bill to reclaim our global leadership in innovation.”

 

Background:

 In the 116th Congress, TechNet was quick to endorse the Endless Frontier Act, which served as the foundation for the U.S. Innovation and Competition Act (USICA).

TechNet applauded the Senate passage of USICA in 2021, and the passage of the America COMPETES Act in the House of Representatives earlier this year.

TechNet sent a letter to Congressional leaders addressing several priorities to consider as the Senate and House of Representatives began work to reconcile the difference between USICA and the America COMPETES Act.

When the Bloomberg Innovation Index debuted in 2013, the U.S. ranked first among 50 countries. In the latest index, the U.S. has fallen to 11th place. (Bloomberg, 2021)