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Technology Leaders Call Obama Innovation Strategy Framework Vital to U.S. Competitiveness

Published Thursday, October 1, 2009

CEOs from the nation’s leading technology companies today called on policymakers to implement proposals included in President Obama’s recently released “Strategy for Innovation” blueprint.

"We support President Obama's view that renewing American competitiveness and maintaining long-term economic leadership are among the most critical government policy priorities, and that we must create momentum quickly or risk permanent damage to our economy," said Mike Splinter, CEO of Applied Materials and Chairman of the Technology CEO Council. "Technology can help us solve the daunting issues we face. And to keep our innovation edge and leadership in areas like healthcare, communications and energy, we must have smart, globally competitive policies in areas like tax and immigration so that U.S.-based business can compete on a level playing field fairly with those around the world." Earlier this year, the Technology CEO Council Members joined 120 technology business leaders in calling on Congress to approve investments in digital infrastructure as part of America’s Recovery & Reinvestment Act. Those investments were a good first step, but they must be followed up by sustained investment and policy actions that change the way the U.S. approaches its global competitiveness. The Technology CEO Council urges the Administration and Congress to take a holistic look at how tax policies, trade policies, export controls, immigration and education efforts and research initiatives compare with other nations around the world, striving to ensure American policies are the best-in-class. Technology CEO Council companies generate over $365 billion in annual revenues and employ over 950,000 workers. Founded in 1989 and formerly known as the Computer Systems Policy Project, its members include Mr. Splinter; Greg Brown, CEO of Motorola; Steve Appleton, CEO of Micron Technologies; Michael Dell, Chairman and CEO of Dell; Joe Tucci, EMC Chairman, President and Chief Executive Officer; Mark V. Hurd, Chairman, President and CEO of Hewlett-Packard Company; Samuel J. Palmisano, Chairman, President and CEO, IBM Corporation; and, Paul S. Otellini, President and CEO of Intel Corporation.