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Blog Category: Innovation and Job Creation Conference

Secretary Locke Visits Research Triangle for Public Forum on Innovation, Entrpreneurship and Education

Steve Case, right, listens as Secretary of Commerce Gary Locke talks during a meeting of leading innovative thinkers and entrepreneurs who make up President Barack Obama’s National Advisory Council on Innovation and Entrepreneurship.

U.S. Commerce Secretary Gary Locke was joined by North Carolina Governor Beverly Perdue at the University of North Carolina at Chapel Hill today to participate in the first town hall-style public forum of the National Advisory Council on Innovation and Entrepreneurship (NACIE) and discuss the importance of education to U.S. competitiveness.  Today's press release
 
At the meeting, NACIE subcommittees presented updates to Locke and the full Council on their work developing recommendations on how to better incentivize innovation and entrepreneurship to help America win the future by out-innovating, out-educating and out-building our economic competitors.

Incorporating a wide range of stakeholder input, reports included initiatives to develop new cross-college, cross-disciplinary educational programs that connect business with science, math, technology and engineering fields and extend these programs to young people in underserved and low-income areas by involving community colleges in consortia for training and mentoring in innovation and entrepreneurial activities.

Commerce Department Highlights the Role of Intellectual Property in U.S. Innovation, Competitiveness

Kappos on podium at the Newseum in Washington with U.S. Capitol in background

The Commerce Department’s David Kappos, Under Secretary for Intellectual Property and Director of the United States Patent and Trademark Office (USPTO), stressed intellectual property’s vital role in the innovation economy and its importance to increasing America’s global competitiveness today at a Patents, Innovation and Job Creation conference at the Newseum in Washington, D.C.

Patent-related industries make up the most dynamic parts of our economy, he said, and as a share of gross economic value, the United States invests more in intangible assets than any of its major trading partners.

As our country seeks to regain the jobs lost during the recession, inventions that could spark new businesses and jobs are waiting in the USPTO’s backlog. The Harvard Business Review recently described the USPTO as “the biggest job creator you never heard of.”  Reducing the time it takes to examine those applications is one of the highest priorities for Director Kappos and Commerce Secretary Gary Locke.

Kappos and the USPTO have launched several initiatives to shorten patent pendency and improve patent quality, and the agency will soon outline yet another plan that would give applicants the option to accelerate examination of a patent application. In his remarks today, Kappos also applauded the efforts of Congress to continue pushing for bipartisan legislation that would help the USPTO improve the patent system, expressing the agency’s strong support for patent reform.  |  Director's remarks