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Blog Category: Consumer Electronics Show

Secretary Pritzker Highlights Department's Innovation Agenda at CES

Secretary Pritzker stopped at Intel's booth to look at their new wearable devices, which included a baby monitor.  (Photo credit: Consumer Electronics Association)

Secretary Penny Pritzker this week attended the 2014 International Consumer Electronics Show (CES), an annual showcase of the very latest in technology innovation. In addition to touring the floor, Secretary Pritzker participated in the "America is Open for Business and Innovation" Super Session, a one-on-one conversation with President and CEO of the Consumer Electronics Association, Gary Shapiro. Throughout the Super Session, Secretary Pritzker discussed the Commerce Department's initiatives to strengthen America's competitive edge by investing in innovation and entrepreneurship.

Secretary Pritzker highlighted some of the key ways in which the department works to promote innovation. For example, the department has undertaken great efforts to reform the patent process and reduce the patent backlog, and is moving forward with an aggressive agenda to support U.S. manufacturing. She spoke about the compelling economic case for immigration reform, and need for skilled workforce training. These efforts will help create the conditions that allow private sector companies to out-innovate anyone in the world.

Pritzker noted that the companies present at CES are critical to the strength of the U.S. economy. U.S. tech employment in 2012 totaled nearly 6 million, and the tech industry paid an annual average wage of $93,800 that same year. That is 98 percent more than the average private sector wage of $47,400. The app economy alone has created more than 500,000 jobs.

Acting Deputy Secretary Blank Tours CES Promoting American Innovation and Competitiveness

Acting Deputy Secretary Blank and Dean Kamen Listen on a Panel

On Thursday, Acting Deputy Commerce Secretary Rebecca Blank visited the Consumer Electronics Show in Las Vegas, where she delivered opening remarks and participated in a panel discussion. The panel, titled “Getting Us Back on Track: How Technology and Innovation Can Save America” focused on the integral role innovation and technology play to the U.S. economy.

Blank said, “Innovation is crucial to the economy.  And while private citizens and private businesses are the primary source of new ideas—from concept to commercialization—the government plays a key role in this effort. The returns in new jobs and new technologies have traditionally far exceeded the money invested on the front end by the federal government.”

Referencing the recently released COMPETES report, Blank stated, “Only with a laser-sharp focus on education, innovation and infrastructure, will we build the basis for a 21st century economy that allows American businesses to flourish in an increasingly competitive global market. And only when American businesses flourish will we see the sort of job growth and income growth that assures economic opportunity to middle class Americans.”

Also while at the show, Blank toured the International Trade Agency’s International Buyer Program’s International Commerce Center and met domestic and foreign commercial service officers who assist American businesses in exporting. Afterwards, she presented an Export Achievement Award to Meridrew Enterprises. Meridrew Enterprises is a small, woman-owned company that is an industry leader in high performance screen cleaning technology. Their products have been used on the windows of the Space Shuttle and International Space Station.

Secretary Locke Delivers Remarks at CES to Highlight Administration’s Efforts to Promote Innovation, U.S. Exports

Locke at booth inspecting new devices and equipment

Commerce Secretary Gary Locke visited the Consumer Electronics Show (CES) today, where he delivered remarks on the Obama administration’s efforts to foster innovation and the President’s National Export Initiative (NEI), which seeks to double U.S. exports by 2015, supporting several million American jobs. 

Locke also discussed Commerce’s International Buyer Program (IBP), a key component of the Department’s export promotion effort. The IBP matches international buyers with U.S. companies that want to export. The Program recruited 34 delegations, consisting of 700 delegates from key markets such as China, Brazil, Vietnam, and Indonesia, to this year’s show – an increase of over 30 percent from the 2010 show.

During the CES, Locke also visited the booths of some small- and medium-sized businesses that have increased their sales to foreign markets with the help of the Commerce Department.

The CES is an annual event hosted by the Consumer Electronics Association, the preeminent trade association that represents more than 2,000 businesses to promote growth in the consumer technology industry.  This year’s CES has more than 2,500 small- and medium-sized businesses showcasing their products and services, as well as presentations by key industry leaders, such as Microsoft, Ford and Verizon.  Remarks

Secretary Locke to Visit the Consumer Electronics Show

Photo Credit: Consumer Electronics Show

Secretary Gary Locke will visit the Consumer Electronics Show (CES) in Las Vegas Thursday where he will discuss the Obama administration’s efforts to foster innovation and the President’s National Export Initiative (NEI), which seeks to double U.S. exports by 2015, supporting several million American jobs.

The Consumer Electronics Show is taking part in Commerce’s International Buyer Program – a key component in reaching President Obama’s exports goal. Jointly created by the Commerce Department and industry groups, the International Buyer Program (IBP) matches international buyers with U.S. companies that want to export.  In Las Vegas, the IBP has recruited to the show's 34 delegations, consisting of 700 delegates, from key markets such as China, Brazil, Vietnam, and Indonesia – an increase of over 30 percent from the 2010 show.

Here’s how it will work: Foreign trade specialists work with both the Consumer Electronics Association and Department of Commerce domestic trade specialists to identify U.S. companies exhibiting at the show whose technology is attractive to foreign buyers.  These specialists then set up meetings at the show between the buyers and American sellers.  Additionally, U.S. companies will be able to meet with the foreign trade specialists to get information about doing business in markets abroad.