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March 13th, 2008

Tech giants reveal their agenda

Posted by Tom Foremski @ 1:14 am

Categories: Tech Policy

Tags: Sarbanes-Oxley Act, Policymaker, Broadband, Agreement, Microsoft TechNet, Internet, Sarbanes-Oxley, Regulatory Compliance, Regulations, Corporate Governance

The CEOs of the largest US tech companies this week lobbied the government for protection against patent infringement lawsuits, and for support of several key policies.

Technet, the organization representing the chief executives of the largest US tech companies, unveiled its “2008 Innovation Policy Agenda” at an event in Washington, D.C.

These are its top concerns, presented, presumably in order of importance:

Green Technologies Initiative: Promote and highlight new technologies and innovation as a critical part of the solution to national security, economic competitiveness and global energy and environmental challenges and encourage a national commitment for investment in and adoption of innovative green technologies. In addition, encourage public policies, best practices and initiatives to spur the development and adoption of new technologies to enhance energy efficiency, encourage use of renewable energy and protect the environment.

Education and 21st Century Workforce: Develop initiatives to improve science and math education, and increase the number of Americans attaining degrees in science, technology, engineering and mathematics through new programs and resources that strengthen our public schools.

Immigration Reform: Promote comprehensive highly skilled immigration reform including an increase in the H-1B visa cap and reforms to the employment-based green card process to ensure the U.S. has a highly skilled workforce.

Basic Research:
Support strong national investments in research and development through increased federal funding for basic research and a permanent R&D tax credit.

Patent Litigation Reform:
Advance proposals with the goal of ending abusive lawsuits brought by plaintiffs using patents as a means of obtaining settlements from legitimate technology businesses.

Trade and Public Diplomacy:
Work closely with national policymakers to enact trade agreements that strengthen our companies through expanded market access overseas. Our members increasingly rely on international markets for growth and we will work to support legislative efforts to enter those markets as well as agreements that guard and protect intellectual property. TechNet will also support public diplomacy initiatives, expanded trade as well as dialogue with policymakers regarding key issues including China policy.

Broadband and Internet Policy: Provide strong support for the growth and vitality of the Internet and accelerated broadband deployment by advocating for consumer access to Internet content and services and a permanent Internet tax moratorium.

Sarbanes-Oxley Rational Relief: Work to reduce the Sarbanes-Oxley Act’s compliance burdens and impacts on small companies, while maintaining the integrity of the Act’s corporate governance goals. This will reduce unnecessary costs and mitigate unintended consequences of the Sarbanes-Oxley Act that are impacting innovation.

I would have ordered this list far differently. It’s back-to-front, almost.

These are the four most significant issues, imho: [My italics.]

Broadband and Internet Policy: Provide strong support for the growth and vitality of the Internet and accelerated broadband deployment by advocating for consumer access to Internet content and services and a permanent Internet tax moratorium.

Sarbanes-Oxley Rational Relief: Work to reduce the Sarbanes-Oxley Act’s compliance burdens and impacts on small companies, while maintaining the integrity of the Act’s corporate governance goals. This will reduce unnecessary costs and mitigate unintended consequences of the Sarbanes-Oxley Act that are impacting innovation.


Patent Litigation Reform:
Advance proposals with the goal of ending abusive lawsuits brought by plaintiffs using patents as a means of obtaining settlements from legitimate technology businesses.


Trade and Public Diplomacy:
Work closely with national policymakers to enact trade agreements that strengthen our companies through expanded market access overseas. Our members increasingly rely on international markets for growth and we will work to support legislative efforts to enter those markets as well as agreements that guard and protect intellectual property. TechNet will also support public diplomacy initiatives, expanded trade as well as dialogue with policymakers regarding key issues including China policy.

About Technet

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  • Most Recent of 10 Talkback(s)
Tom, why didn't you just say?
That Bill Gates was holding a
meeting to discuss bribing
Congress for more H1B visas, and
make a long story short?... (Read the rest)
Posted by: Ole Man Posted on: 03/16/08 You are currently: a Guest | | Terms of Use
National Security  fr0thy@... | 03/13/08
WAAA  Altotus | 03/13/08
National Security  Professor8 | 03/14/08
How many asking for patent lawsuit ...  bjbrock | 03/13/08
My sentiments exactly  Taz_z | 03/13/08
quick to take  Professor8 | 03/14/08
They Only Listen to Cash and Hookers!  StvBallmer | 03/13/08
Issues they face... $$$  casachs | 03/13/08
executive compensation  Professor8 | 03/14/08
Tom, why didn't you just say?  Ole Man | 03/16/08

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