Innovation Economic Consensus
You subscribe to the Innovation Economic Consensus – You understand that innovation is a main driver of economic growth and opportunity and it doesn’t just occur spontaneously. To obtain the innovation needed to address climate change, energy needs, food security, transportation and other issues, an innovation strategy is needed. You believe innovation-based competitiveness requires tax and regulatory policies that encourage and enable the private sector to adopt new technologies, perform R&D, and stay at the cutting edge of emerging sectors, such as robots, nanotechnology and biotechnology. It requires preparing students and workers for today’s fast-paced global competition. You support robust government investments in early-stage, high-risk science and R&D to set the stage for private sector breakthroughs and trade policies that maximize opportunities for innovators and entrepreneurs to compete on fair terms.