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Presidential Committee on Innovation Hosts First Meeting to Boost Promising Tech, Jobs


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New products and jobs could be created through government support for the synthesis of information technology (IT), nanotechnology, and biotechnology, according to IT experts gathered at the inaugural meeting of the President's Innovation and Technology Advisory Committee.

The panel is tasked with helping deploy the innovation agenda President Obama outlined last September to fuel job growth, which is focusing on research and development investments, federal support for the emerging clean energy and health IT sectors, and the promotion of entrepreneurship. In combination, IT, nanotech, and biotech are expected to generate advances in national security, medicine, and energy that can subsequently produce jobs.

Attendees suggested that federal agencies could introduce an innovation culture on university campuses by collaborating with academic institutions and cultivate consumer trust in the new fields through regulations. Federal chief technology officer Aneesh Chopra said the Obama administration wants to identify unknown challenges at the convergence of IT, nanotech, and biotech and embed them within federal policymaking.

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