Meeting Global Challenges German-U.S. Innovation Policy: Summary of a Symposium (2012) / Chapter Skim
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DAY 1 & Welcome--Gert G. Wagner
DAY 1 & Welcome--Gert G. Wagner
Pages 33-38
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President Barack Obama and German Chancellor Angela Merkel had noted the importance of innovation as a tool for economic development. President Obama in his 2011 State of the Union Message said that innovation drives the United States' free enterprise system and creates tomorrow's jobs.
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National Academies. He thanks also the German Embassy of the United States and Engelbert Beyer of the Federal Ministry of Education and Research (BMBF)
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4 "So what we're 2 The National Academies STEP Board and the German Institute for Economic Research (DIW) in Cooperation with the Embassy of the Federal Republic of Germany convened on November 1, 2010, a symposium in Washington, DC, entitled, "Meeting Global Challenges: U.S.-German Innovation Policy." 3 Dale Jorgenson et al., Productivity: Information Technology and the American Growth Resurgence, Cambridge MA: MIT Press, 2005.
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It's not just for Germany or the United States." INSIGHTS INTO BEST PRACTICES AROUND THE WORLD One distinguishing feature of the work of STEP, Mr. Wolff continued, is that "we pay attention to what the rest of the world is doing." This, he said, is because the policies of others "shape the environment in which we cooperate and compete, and because we firmly believe that we have things to learn from others." indeed, he said, the premise of the meeting was that the participating countries "can help each other with insights into what works and doesn't, and what are best practices." The STEP Board is unusual in its long-term commitment to understand how U.S.
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"And we understand that we need to have supportive international and investment policies, including especially better protection of intellectual property, which is a major challenge in some areas." TRANSFORMING INNOVATION INTO JOBS Beyond these particulars, however, he emphasized a single major gap in knowledge for both the United States and Germany: "the right formula for transforming the benefits of innovation into high-quality jobs in large quantities." This, he said, was the "key concern of the U.S. government." He added, "It is not spinning straw into gold that's the challenge; our inputs are better than straw.
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Wolff concluded. He again thanked Gert Wagner, chair of DIW, and his colleagues for hosting the symposium, and also Klaus Zimmerman, David Audretsch, and other organizers "for their vision in encouraging this series of cooperative meetings." He singled out for thanks Jens Schmidt-Ehmcke of the DIW "without whose efforts this symposium would not be taking place." He closed by introducing the next two speakers, Georg Schütte, State Secretary for Education and Research, and Philip Murphy, U.S.
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