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Secretary Pritzker Joins Ambassador Kennedy and Japanese Leaders to Discuss Women’s Economic Contributions

Secretary Pritzker Joins Ambassador Kennedy and Japanese Leaders to Discuss Women’s Economic Contributions

To wrap up her visit to Japan, Secretary Pritzker joined U.S. Ambassador to Japan Caroline Kennedy and other female business leaders for a meeting over tea, to discuss government policies and best practices to overcome barriers to women’s full economic empowerment. 

Since assuming office in December 2012, Prime Minister Abe has embraced "Womenomics," the understanding that the advancement of women in a nation's society directly and positively impacts its economic growth rate, as fundamental to boosting the country’s economic potential.  According to some market analysts, Japan could expand its workforce by $8 million and increase its gross domestic product as much as 14 percent by raising women’s employment level to the same level as men.  Despite these promising projections, Japan was ranked 105th out of 136 nations in the 2013 Global Gender Gap Report which was issued by the World Economic Forum and measures economic, political, education and health differences between men and women. The United States ranked 23rd

With this in mind, the governments of the United States and Japan share a common goal of increasing women’s economic participation and contributions. 

During the meeting, Secretary Pritzker expressed that she is encouraged by Prime Minister Abe’s current efforts to revitalize the Japanese economy. The Japanese government is working to set the standard by recruiting more women in government, increasing the availability of daycare and afterschool care, and encouraging the private sector to promote more women. 

Secretary Pritzker also shared what she has learned from American senior executives and from her own experiences as a business leader for 27 years. 

Women control two out of every three dollars spent in the world today, and Secretary Pritzker strongly believes that inclusiveness is a smart business strategy to achieve a competitive advantage, and that change must start at the top. 

Medidata Is Aligned With Trade Mission To Help Transform Global Life Science

Medidata Is Aligned With Trade Mission To Help Transform Global Life Science

Guest blog post by Bryan Spielman, Executive Vice President, Medidata

I am honored to join Secretary Pritzker on the business development mission to Japan and South Korea. Medidata is committed to developing our business and transforming clinical research throughout Asia, and this trip is bringing us invaluable connections to the region’s regulatory and industry leaders in the life sciences.

We are thrilled with Commerce Secretary Pritzker’s active engagement throughout the trip to Japan, and we are looking forward to our time in South Korea. The Commerce Secretary’s staff is doing a phenomenal job to keep us briefed and to take care of us, and they have gone the extra mile to make sure this is a successful trade mission. We were also honored to meet with Ambassador Caroline Kennedy, who invited us to the ambassador’s residence in Tokyo to exchange ideas. Secretary Pritzker and Ambassador Kennedy spent a great deal of time with us, and both of their teams have shown they can really roll up their sleeves and get meaningful work done.

During our trip to Japan, we had the opportunity to meet with Prime Minister Shinzo Abe and senior leaders from the Ministry of Economy, Trade and Industry (METI), and we were impressed with his administration’s commitment to drive real change in the Japanese economy. Two of the big initiatives of the prime minister’s economic stimulus plan relate to healthcare and women in the workplace. These issues align nicely with our values as a company—more than 40 percent of Medidata’s Japan office is female—and we are very excited about continuing to invest in Japan.

We also had productive meetings with Japan’s Minister of Health Yasuhisa Shiozaki, senior leadership at the Pharmaceuticals and Medical Devices Agency (PMDA) in charge of promoting information technology, and Japanese pharma industry leaders. In our conversations, it became clear that the idea of leveraging technology to increase the speed, quality and efficiency in the clinical trials process is clearly front and center in Japan. There is broad recognition that the ever-increasing R&D costs are not sustainable and that technology and new data sources can help.

Commerce Partners with Small Business Administration for the Launch of Business Sunday in Houston, Texas

Commerce Partners with Small Business Administration for the Launch of Business Sunday in Houston, Texas

Last weekend, the U.S. Department of Commerce and the Small Business Administration (SBA) launched Business Sunday at Windsor Village United Methodist Church in Houston, TX. Business Sunday is an outreach and educational program that takes place in local communities around the country, connecting current and future business leaders with valuable resources to help them start or expand their businesses.

On Sunday, Windsor Village’s Senior Pastor Kirbyjon Caldwell welcomed representatives from SBA, Commerce’s Center for Faith-based and Neighborhood Partnerships and Minority Business Development Agency (MBDA), along with representatives from the city of Houston and other local entities, for the first in a series of Business Sundays that will take place around the country. More than 500 people attended the event, showcasing the strong demand among business owners and entrepreneurs for information on the high-impact business development resources offered by the federal government.
 
Originally piloted in Washington, DC, at the 19th Street Baptist Church in March 2014, the Business Sunday program consists of MBDA Business Centers partnering with SBA field offices and a local congregation to present information on federal business development resources from Commerce, MBDA, SBA, BusinessUSA and the Department of Health and Human Services (HHS). The event also provides attendees with an opportunity to connect one-on-one with the field staff. In the near future, additional Business Sunday events will be held in Philadelphia, PA; Mobile, AL; Washington, DC; Indianapolis, IN; El Paso, TX; Miami, FL; Denver, Co; Phoenix, AZ and Seattle, Washington. Details on upcoming events will be released once available.