U.S. Commerce Secretary Gary Locke has announced the members of the National Advisory Council on Innovation and Entrepreneurship, a group that will support President Obama’s innovation strategy by helping to develop policies that foster entrepreneurship and identifying new ways to take great ideas from the lab to the marketplace to drive economic growth and create jobs. Locke made the announcement at a U.S. Department of Commerce University Innovation Forum at the University of Michigan, where participants discussed the role of universities in innovation, economic development, job creation and commercialization of federally funded research.
“America’s innovation engine is not as efficient or as effective as it needs to be, and we are not creating as many jobs as we should,” Locke said. “We must get better at connecting the great ideas to the great company builders. The National Advisory Council will help the administration develop a broader strategy to spur innovation and enable entrepreneurs to develop breakthrough technologies and dynamic companies, and to create jobs all across America.
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