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An Emerging National Innovation Strategy

on September 21, 2009 Source: Policy Dialogue on Entrepreneurship

While President Obama has said a lot of the right things about innovation and entrepreneurship, a number have pointed to a disconnect between those words and the actions and policies emerging from the Administration. Earlier today, the president again addressed the topic from Hudson Valley Community College in New York. His address was backed up by the latest white paper on innovation from the National Economic Council that outlines Obama's National Innovation Strategy.

Many will agree that there are some bright spots in the white paper. A recent post on Data Maven correctly applauds the call for increased access to government data and claims that it will help promote entrepreneurial growth. There are also plans to support improvements in STEM (science, technology, engineering and math) education and increased R&D funding.

But despite the rallying cry to "encourage high-growth and innovation-based entrepreneurship," the plan will certainly continue to find plenty of opponents. Some will question the overall effectiveness of the approach to spur entrepreneurship--incluidng increased loans through the SBA, mentoring from SCORE, and promoting regional clusters--while others will read "catalyze breakthroughs for national priorities" as just another way for the president to push his plans for renewable energy, health reform and further regulation of financial markets.

Take a look at the white paper--A Strategy for American Innovation: Driving Towards Sustainable Growth and Quality Jobs--and let us know on which side of the debate you fall.

Category:  Capitol Hill  Education  Energy  Environment  Health Care  Immigration  Intellectual Property  Physical Infrastructure  Red Tape  Technology Transfer  Workforce  Tags:  obama, national innovation strategy

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