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TechNet Applauds President Bush's Call for National Focus on Innovation and Competitiveness

3 February 2006

TechNet, the bipartisan political network of CEOs that promotes the growth of the innovation economy, today applauded President George W. Bush for his call in the State of the Union Address for a national focus on competitiveness and innovation as the top priority for economic growth.


"TechNet and its member companies applaud President Bush for raising innovation and competitiveness to the top of national policy agenda," said Lezlee Westine, President and CEO of TechNet. "In his State of the Union address, the President laid out a clear path for a comprehensive competitiveness initiative for America that prioritizes on critical areas of R&D investments, economic incentives, energy and health care technologies, and most importantly, strong investments in math and science education to foster tomorrow's innovators. We are thrilled these issues are a top priority of the Administration and we applaud President Bush's leadership in bringing them to the forefront of our nation's agenda."


TechNet members are particularly pleased with the President's announcement of new education initiatives to increase America's capacity in math and science through reforms in curriculum and teacher training.


"There is no more important economic policy issue today than helping our nation remain the global innovation leader," said John Chambers, President and CEO of Cisco Systems. "To do this, our leadership must focus on an aggressive agenda to support math and science education, patent litigation reform, healthcare information technology, and research and development. We thank President Bush for his leadership and urge all members of Congress to address these issues in a comprehensive fashion to get the job done."


"Referencing innovation in the State of the Union Address underscores its place as a national priority for the United States," said John W. Thompson, chairman and chief executive officer of Symantec. "Aggressive innovation is the key for maintaining competitiveness in the current and future global marketplace. On behalf of Symantec, we look forward to working together with Congress and the Administration to support this effort and other measures, such as the National Innovation Act."


"America today is the world's innovation leader but that position is not guaranteed," said Sun Microsystem's Chairman and CEO Scott McNealy. "We are in the midst of a global competition in which challengers to U.S. technology leadership are working day and night to improve their innovation stature. U.S. policymakers must work together to ensure that our nation takes a comprehensive approach to dealing with the challenges of much- needed research and development, immigration reform and educating future American innovators."


"Discovery, ingenuity and innovation have always been at the forefront of the United States' economic and technological leadership," said Craig Barrett, Chairman of Intel. "Unfortunately recent indicators show that we are at risk of losing our competitive edge. The business community commends the President for making American competitiveness a national goal. We urge government leaders to take immediate bipartisan action to ensure U.S. innovation leadership, including a renewed emphasis on math and science education, additional investment in basic research and incentives for business investment in innovation that creates new jobs."


"As a child I was captivated by the 1960s space program and technological innovations, and it inspired me to get an engineering degree," said Stratton Sclavos, Chairman and CEO of VeriSign. "Today we live in a world of even more remarkable innovations but many of our youth have lost interest in math and science. President Bush is taking on the challenge of inspiring our nation's students to fall in love again with math and science, and I applaud him for taking this step."


About TechNet


TechNet is the national, bipartisan network of CEOs that promotes the growth of technology industries and the economy by building long-term relationships between technology leaders and policymakers and by advocating a targeted policy agenda. TechNet's members represent more than one million employees in the fields of information technology, biotechnology, e-commerce and finance. TechNet has offices in Washington, DC, Palo Alto, Seattle, Boston, Austin, and Orange County (California). Web address: http://www.technet.org.


http://www.usnewswire.com/

Source: usnewswire


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