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Blog Category: Deputy Secretary of Commerce Rebecca Blank

Acting Deputy Secretary Blank Meets with Frédéric Lefebvre, French Minister

Blank with minister Lefebvre shaking hands

Yesterday, Acting Deputy Commerce Secretary Rebecca Blank met with Frédéric Lefebvre, French Minister for Commerce, SMEs, Tourism, and Consumer Policy, at the Commerce Department to discuss ways to increase cooperation in the U.S.-France commercial relationship. Lefebvre is in Washington briefly before traveling to Miami for the World Symposium of French Trade Advisors on February 9–10.
 
In light of the Euro crisis, Blank and Lefebvre discussed French growth prospects and U.S. exports, as well as government initiatives, such as BusinessUSA, aimed at improving competitiveness, creating jobs and cutting bureaucratic red tape. They also talked about strategies that each government is pursuing to increase tourism and ideas for cooperation in order to increase trade and investment flows. In addition, Blank and Lefebvre talked about foreign direct investment through the SelectUSA program. Blank said she looks forward to continuing to strengthen the trade relationship between the two countries.

Acting Deputy Secretary Blank Visits SolarDock to Highlight President's Clean Energy and Manufacturing Initiatives

SolarDock founder Scott Johnson and MJM Fabrications President Mike Molder give Lt. Gov Matt Denn and Acting Deputy Secretary Rebecca Blank a tour of their facilities

Today Acting Deputy U.S. Commerce Secretary Dr. Rebecca Blank today visited SolarDock, a Wilmington, Delaware-area company that designs, manufactures and installs next generation solar power systems. She met with SolarDock founder Scott Johnson, partner Edward O’Brien, and employees and tour the manufacturing facility, along with Delaware Lieutenant Governor Matthew Denn.

Blank’s visit highlighted the President’s plans to strengthen U.S. manufacturing and foster a new era of American energy development. In the State of the Union, the President proposed reducing tax rates for American manufacturers and doubling the tax deduction for high-tech manufacturers. He also called for Congressional action on clean energy tax credits and laid out a proposal for new incentives to encourage manufacturers to make energy efficiency upgrades that would save $100 billion on the nation’s energy bills.

Blank discussed the Department’s efforts to support American manufacturers, so they’re better able to build their products in America and sell them all around the globe. The Commerce Department currently helps support manufacturers in several ways, including recently creating the National Advanced Manufacturing Partnership Program Office to bring together stakeholders and drive investments and initiatives in advanced manufacturing. Meanwhile, the Department’s trade specialists, who are located in offices throughout the country and in more than 70 nations around the world, work daily to connect U.S. businesses looking to export to buyers overseas, and Commerce’s U.S. Patent and Trademark Office helps businesses and entrepreneurs transform their ideas into new products and innovations.

Watch WHYY's video of her visit.

Acting Deputy Secretary Rebecca Blank Visits Tech Town in Dayton, Ohio

Acting Deputy Secretary Blank Inspects an Unmanned Aerial Vehicle

Two days after President Obama laid out plans in his State of the Union address to support innovation and bolster U.S. manufacturing, Acting U.S. Deputy Commerce Secretary Rebecca Blank visited Tech Town, a premier commercial technology campus, in Dayton. There, she toured UA Vision and Persistent Surveillance, startup companies that are commercializing federally-supported research, and delivered remarks about the importance of investing in innovation and a skilled labor force to create jobs in a 21st century economy.

While in Dayton, Blank also participated in a roundtable with local business leaders to discuss how Department of Commerce resources can help them become more innovative and competitive. In addition, she toured the Wright-Patterson Air Force Research Laboratory, a major area job magnet which conducts critical research and development work, among other services.

The Commerce Department is also working hand-in-hand with local companies to continue innovating and exploring. Through the Ohio Manufacturing Extension Partnership, Commerce has worked with more than 300 companies in southwest Ohio. Commerce’s Economic Development Administration even teamed up with the state to help build Tech Town. 

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.

What Others Are Saying About the COMPETES report

On Friday, the Commerce Department unveiled the COMPETES Report: A Roadmap for Strengthening U.S. Competitiveness. The report makes three important findings:

  • Federal investments in research, education and infrastructure were critical building blocks for American economic competitiveness, business expansion and job creation in the last century;
  • Failures to properly invest in, and have comprehensive strategies for, those areas have eroded America’s competitive position; and,
  • In a constrained budgetary environment, prioritizing support for these pillars are imperative for America’s economic future and provide a strong return on investment for the U.S. taxpayer.

The Business Roundtable and the U.S. Chamber of Commerce wrote about the report and CNN asked a Commerce Innovation Advisory Board member about it (below).

Additionally, members of the Innovation Advisory Board recorded their own videos highlighting parts of the report they felt were most important.

Commerce Department Releases COMPETES Report: A Roadmap for Strengthening U.S. Competitiveness

Secretary Bryson Releases the America COMPETES report on American competitiveness

The U.S Department of Commerce today delivered to Congress a comprehensive report on “The Competitiveness and Innovative Capacity of the United States.”  The report serves as a call to arms, highlighting bipartisan priorities to sustain and promote American innovation and economic competitiveness. 

At 10am ET, watch Secretary Bryson present the report and then a distinguished panel discuss the findings. [The event has now concluded]

The report makes three important findings:

  • Federal investments in research, education and infrastructure were critical building blocks for American economic competitiveness, business expansion and job creation in the last century;
  • Failures to properly invest in, and have comprehensive strategies for, those areas have eroded America’s competitive position; and,
  • In a constrained budgetary environment, prioritizing support for these pillars are imperative for America’s economic future and provide a strong return on investment for the U.S. taxpayer.

The report was mandated as part of the America COMPETES Reauthorization Act of 2010, which was signed into law by President Obama in January last year. The report addresses a diverse range of topics and policy options, including: tax policy; the general business climate in the U.S.; barriers to setting up new firms; trade policy, including export promotion; the effectiveness of Federal Research and Development policy; intellectual property regimes in the U.S. and abroad; the health of the manufacturing sector; and science and technology education.

The full report, as well as additional resources, can be found online at www.commerce.gov/competes

Some key findings of the report include:

Economic Partnership with Saudi Arabia Will Help U.S. Expand Trade, Blank Tells Saudi Business Forum

Acting Deputy Secretary Blank addresses the U.S.-Saudi Business Opportunity Forum

On Tuesday, Acting Deputy Secretary of Commerce Rebecca Blank addressed the growing economic importance of Saudi Arabia at the U.S.-Saudi Business Opportunities Forum. In her remarks, Blank stressed the value of a U.S.-Saudi commercial relationship that benefits both Americans and Saudis.

Blank praised King Abdullah for the steps he has taken to encourage economic partnership with the U.S., citing greater public participation within the political system and the appointment of the first woman to lead Saudi Arabia’s education system. These political and social advancements have led to Saudi Arabia’s jump to 12th in the World Bank’s Ease of Doing Business Survey, up from a rank of 64th only a few years ago. Saudi Arabia is committed to expanding and diversifying its economy beyond oil and into new knowledge-based industries, a commitment evidenced by over $750 billion of infrastructure investment to take place over the next five years.

In her speech, Blank reminded us that this progression within Saudi Arabia helps the U.S. expand trade and economic cooperation across our borders. As our 22nd largest market worldwide, Saudi Arabia’s rapidly expanding population and industrial base will continue to provide investment and employment opportunities for American citizens. Last year alone, Saudi Arabia supported more than 1,000 American companies, including some 500 small- and medium-sized businesses. Blank insisted that partnering with Saudi Arabia will be conducive to meeting President Obama’s National Export Initiative goal of doubling exports by the end of 2014.

America on its Way to Hitting Administration’s Exporting Goals, Blank Tells ITAC Leaders

Michael C. Camuñez addresses the business leaders of the ITAC

Today, Acting Deputy Secretary Rebecca Blank participated in an event in the Department of Commerce that thanked business leaders for their service in Industry Trade Advisory Committees while also noting that their hard work was greatly aiding the private sector to export in record numbers.

Blank told ITAC representatives that while traditional drivers of U.S. economic growth – like consumer spending – are currently facing headwinds, exports remain a vital avenue to get Americans back to work. ITACs, public-private partnerships managed by the Commerce Department and the U.S. Trade Representative,  work tirelessly to help U.S. companies and employees across the country compete and win in the global economy by engaging business leaders in formulating trade policy.

Honoring Individuals Who Help Promote Peace and Commerce

Steve Calderia and Jack Earle with Acting Deputy Secretary Blank and Under Secretary Sanchez

Cross post by Cory Churches is a Communications and Outreach Specialist with the Office of Public Affairs in the International Trade Administration.

Today we recognized a few of the recipients of a unique award bestowed by the Under Secretary of Commerce for International Trade Francisco Sánchez. Eight individuals and organizations received the International Trade Administration’s Peace through Commerce Medal Award for 2011.

Jerry Levine, President of Mentor International, Steve Calderia, CEO of the International Franchise Association and Jack Earle, CEO of the International Franchise Association were on hand to receive their awards and spoke highly of the efforts of the Commerce Department and partners in promoting exports and jobs across America.

The award, reintroduced by Sánchez, recognizes an individual, group, or organization, either domestic or abroad, whose actions have significantly promoted and developed U.S. export initiatives, encouraged innovative approaches, and improved overall U.S. trade relations.

Stolen Intellectual Property Harms American Businesses Says Acting Deputy Secretary Blank

Acting Deputy Secretary Blank joins Attorney General Holder and other Administration Officials at the kickoff event for the IP campaign “Counterfeits Hurt. You Have The Power to Stop Them.”

This afternoon, Acting Deputy Secretary Rebecca Blank participated in an event at the White House to announce the Administration’s progress in cracking down on intellectual property (IP) theft crimes and the launch of a public education campaign intended to increase Americans’ knowledge of the threat these crimes pose to economic prosperity and public safety.  The campaign is entitled “Counterfeits Hurt. You Have The Power to Stop Them.

Counterfeit goods not only can cause harm to the safety of our families, but they also cause harm to our economy and to American businesses.  That’s because the success of the U.S. economy relies heavily on intellectual property; virtually every industry either produces IP or uses it. IP theft costs domestic industries an estimated $200 to $250 billion a year.  This robs American workers of hundreds of thousands of jobs.

Only when American ideas and American inventions are protected, so that innovators receive the rewards from their creativity, can American business prosper and the American economy continues to   grow. It’s also important to remember protecting intellectual property has a multiplier effect, helping create jobs not only within the original firm that owns the IP but also within all the firms that it buys from and sells to.