While many think that technology innovation in the United States exists exclusively in a few select areas, innovation is actually occurring everywhere in the United States. Therefore, public policy makers from across the country should be engaging in policy making that promotes the growing technology industry.
Policymakers across the United States may be unaware that there is technology innovation taking place in every congressional district in the United States. Therefore, creating and promoting policy that advances innovation should not just be the pastime of a few select representatives -- rather all lawmakers of all political backgrounds and regions should consider engaging in innovation-promoting legislation.
First, lawmakers should establish a shared foundation that will help to advance growth in the technology and innovation landscape. This policy foundation should include helping to create a highly skilled and educated workforce by raising educational standards, particularly in the STEM field; making federal investments in scientific research and development; ensuring the creation and growth of digital infrastructure and implementing trade and regulation policies that would promote rather than hinder the growth of globally-competitive, high tech industries.
“The nation—every state and congressional district—has a stake in continuing to strengthen the underlying foundations of the innovation-driven high-tech economy...”
In creating the report, the authors examined four key indicators of innovative vitality in all 50 states and the District of Columbia. These indicators included exports of high-tech goods and services, workforce education and skills, innovative ideas, and digital infrastructure. With data based on these indicators, the report concludes that technological innovation shapes the entire U.S. economy in every congressional district and part of the country. The report notes that different parts of the country specialize in different sectors of technological innovation (such as IT services or high tech manufactured goods), but all in some way have an opportunity to capitalize on technological innovation.
The report also notes the strong correlation between high-tech employment and IT service exports, meaning that highly educated immigrants play a key role in innovative technology advances in the United States. Finally, the report notes the correlation between the number of workers in STEM occupations and the number in high-tech occupations, and the connection these two numbers have to federal funding. These relationships show the importance of private and public funding to technological innovation.
The report concludes that since technological innovation has such a broad impact across the United States, all policymakers should pursue the aforementioned policy foundation, as it will benefit the constituents and local economies of every policymaker.