SOURCE: Council on Competitiveness

January 18, 2008 15:42 ET

Statement: Council on Competitiveness President Deborah L. Wince-Smith

Innovation Measurements Critical to U.S. Competitiveness

WASHINGTON, DC--(Marketwire - January 18, 2008) - Council on Competitiveness President Deborah L. Wince-Smith made the following statement today after Commerce Secretary Carlos M. Gutierrez announced a series of innovation measurement initiatives. The recommendations are based on a report by the Advisory Committee on Measuring Innovation in the 21st Century Economy, which includes several key members of the Council and its National Innovation Initiative.

The Council on Competitiveness' National Innovation Initiative (NII) called for "Fresh perspective and real-time performance metrics to reflect the new paradigm of a global, knowledge-based economy." The Council is pleased to see those recommendations come to fruition today in Secretary Gutierrez's call for innovation measurement. This is an imperative step toward understanding and responding to the competitiveness drivers in today's rapidly changing, global economy. On behalf of the Council's private-sector leadership, we applaud Secretary Gutierrez and the Advisory Committee, which includes John Menzer, Council Industry Vice Chairman; Samuel Palmisano, Co-Chair of the NII Principals Committee; and Carl Schramm, member of the NII Leadership Council.

ABOUT THE COUNCIL ON COMPETITIVENESS -- The Council on Competitiveness is the only group of corporate CEOs, university presidents and labor leaders committed to the future prosperity of all Americans and enhanced U.S. competitiveness in the global economy through the creation of high-value economic activity in the United States.

Contact Information

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    Jennifer Carr
    Council on Competitiveness
    (202) 969-3405
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