Bipartisan Legislation Introduced on National Innovation InitiativeRecommendations; Legislation Would Help US Maintain Competitive Lead18 December 2005
The Council on Competitiveness, a national organization dedicated to elevating an action agenda that drives economic competitiveness in the United States, commended Sens. John Ensign and Joseph Lieberman on the legislation they introduced today to implement the recommendations of the Council's National Innovation Initiative. Additional co-sponsors include Sens. Lamar Alexander (R-Tenn.), George Allen (R-Va.), Evan Bayh (D-Ind.), Jeff Bingaman (D-N.M.), Saxby Chambliss (R-Ga.), Mike DeWine (R-Ohio), Herb Kohl (D- Wis.), Patrick Leahy (D-Vt.), Richard Lugar (R-Ind.), and Bill Nelson (D-Fla.).
Coming exactly one year to the day after the release of Innovate America, the Council's report that included the set of legislative recommendations, the legislation embraces the central message of the National Innovation Initiative -- that innovation is an ecosystem requiring a strong and well educated talent base, a commitment to long term, frontier research, and a physical and regulatory infrastructure that supports innovation.
"On behalf of the Council's 180 CEOs, university presidents and labor leaders, I applaud the Senators' efforts and desire to ensure the United States remains the most competitive economic power in the world, "said Deborah L. Wince-Smith, president of the Council. "We must, as a nation, innovate to compete and to prosper. This legislation is a critical step forward towards that goal."
"Nothing can do more for the U.S. economy and to help ensure America's global competitiveness than an enhanced focus on innovation and research by the public and private sectors," said F. Duane Ackerman, chairman and chief executive officer -- BellSouth Corporation and chairman of the Council on Competitiveness. "Senators Ensign and Lieberman are to be commended for bringing bi-partisan leadership to this most critical legislation designed to assure the United States' continued leadership in innovation in the 21st Century. On behalf of both BellSouth and the Council on Competitiveness, I pledge our support of this bill, and urge the members of the Senate to consider favorably the National Innovation Act of 2005."
"IBM applauds the introduction of the National Innovation Act of 2005 by Senator John Ensign and Senator Joe Lieberman," said Nicholas M. Donofrio, executive vice president, IBM Corporation. "Innovation underpins American economic growth and national security. In today's era of global opportunity and change, the rewards flow to those who innovate and turn disruptive shifts to their advantage. America has a long, proud history of recognizing when change is required and rising to the challenge. We are at such an inflection point today. The National Innovation Act of 2005 will create synergies among America's academic, business and government communities to ensure the future growth of the United States. I urge all Senators to support this legislation. "
EDITOR/PRODUCER'S NOTE: To arrange an interview with any Council on Competitiveness representatives or to receive details on this Innovation Act of 2005, contact Charissa Benjamin at 202- 448-3137 or at cbenjamin@qorvis.com
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ABOUT THE COUNCIL ON COMPETITIVENESS: An organization of the top business, university and labor leaders in the United States, the Council on Competitiveness is responsible for influencing the course of American competitiveness on regional, national and global scales. The Council stands unique in its ability to anticipate and respond to changing economic conditions through a series of comprehensive programs to maintain competitiveness and security, support innovation, benchmark national competitiveness and shape public policy. The Council is available on the web at http://www.compete.org or for details on the National Innovation Initiative, visit http://www.innovateamerica.org
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