During the event, which was held in Research Triangle Park, North Carolina, attendees identified several areas of concern for U.S. businesses, workers and entrepreneurs, including global trade barriers, counterfeiting and piracy, access to capital and cultivating and retaining entrepreneurs, innovators and talented employees. Immigration and visa policies were particularly high on the list of concerns of local business leaders. Based on the discussion, the letter details five key areas of focus for public policy, including:
The Research Triangle Park event was the first in a series of innovation policy discussions to be held around the country, made possible thanks to a grant from the GE Foundation to the NFTC Foundation. The next innovation discussion will take place at the Palo Alto Research Center in Palo Alto, California.
In addition to the Research Triangle Foundation, the North Carolina forum was held in partnership with the Nicholas Institute for Environmental Policy Solutions of Duke University, the Council for Entrepreneurial Development, the North Carolina Biotechnology Center and the North Carolina Sustainable Energy Association. In addition to the GE Foundation, Progress Energy, GlaxoSmithKline, ABB, IBM and Cisco also helped sponsor the event.
To read the letters, please click here.
About NFTC, NFTC Foundation and the Global Innovation Forum
The National Foreign Trade Council, founded in 1914 and headquartered in Washington, DC, with offices in New York City, is the oldest and largest trade association devoted entirely to advocating an open, rules-based international trade system. NFTC promotes open markets and U.S. engagement in the world on behalf of its member companies, which include Boeing, Caterpillar, Chevron, General Electric, Hanes Brands, IBM, Microsoft, Oracle, United Technologies and Wal-Mart.
Incorporated in 1979, the National Foreign Trade Council Foundation is the educational arm of the NFTC. It is a 501(c)(3) organization incorporated under the laws of the state of New York. The NFTC Foundation’s mission is to inspire, encourage and facilitate international trade and investment in order to enhance economic growth and job creation throughout the world.
The Global Innovation Forum is a project of NFTC’s educational arm, the NFTC Foundation. NFTC established the Global Innovation Forum to create a greater understanding of how public policy that supports the innovation ecosystem can improve the lives of workers, families and communities around the world. Through educational events and workshops, the Global Innovation Forum brings together diverse groups of innovation stakeholders to bridge differences, build consensus and create solutions to common challenges.