September 19, 2013 Dear President Obama and Members of the 113th Congress: We, as associations representing the high tech business community, stand with and echo the sentiments of the 165 university presidents’ recent open letter to you regarding our nation’s “Innovation Deficit.” This call to action transcends the initiatives or agendas of any one person, group, sector, or political party. Working together to close the Innovation Deficit should be one of the highest priorities of our country. Can we, as a nation afford to jeopardize America’s role as the world’s innovation leader any longer? The answer is obviously no, particularly as we have observed firsthand the alarming consequences of a “widening gap between needed and actual investments” in American education, research, and scientific innovation. We understand the broader fiscal pressures our nation faces and applaud your focus on this fundamental challenge. However, America’s competitiveness and future innovation capabilities cannot be held in limbo or sacrificed amidst the constantly changing, hypercompetitive global economy in which our member companies operate. Federal dollars invested in long-term basic research yield extraordinary returns for society– providing the foundation for game changing ideas, new industries, and the 21st century workforce driving them. While the federal government is uniquely positioned to invest in long-term research and Science, Technology, Engineering, and Math (STEM) education, our member companies also significantly contribute to the nation’s innovation framework, even during periods of declining revenue, because they know that these investments will have the highest rate of return in the future. Industry leaders prioritize expenditures that keep companies moving forward, devoting up to 20 percent of revenues to research and development (R&D) annually. We encourage policymakers to employ the same strategy and consider the potential return on research investments when making budget and appropriations decisions this year. The success of our great country is in part attributable to continuous advances in technology, enabled by the tenacity and caliber of a high-skilled workforce, publicprivate partnerships, and an unparalleled university ecosystem. We strongly encourage Congress and the Administration to recommit to strong and sustained federal investments in basic research, including taking steps to realize the vision outlined in the last two authorizations of the America COMPETES Act. We stand ready to partner with you to answer the call to “Close the Innovation Deficit”. Sincerely, Marion C. Blakey President & CEO Aerospace Industries Association (AIA) Brian C. Toohey President & CEO Semiconductor Industry Association (SIA) Jeff Burnstein President Association for Advancing Automation (A3) Dennis C. McGuirk President & CEO Semiconductor Equipment and Materials International (SEMI) Edward Black President & CEO Computer & Communications Industry Association Rhone Resch President & CEO Solar Energy Industries Association (SEIA) Todd Thibodeaux President & CEO CompTIA Ken Wasch President Software & Information Industry Association (SIIA) Deborah L. Wince-Smith President & CEO Council on Competitiveness Shawn Osborne President & CEO TechAmerica Dean Garfield President & CEO Information Technology Industry Council Bob Moore Executive Director Technology Councils of North America (TECNA) James J. Greenberger Executive Director National Alliance for Advanced Technology Batteries Grant Seiffert President Telecommunications Industry Association (TIA)
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