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June 19, 1998

The U.S. Senate Science and Technology Caucus, chaired by Senator Bill Frist (R-TN), held a roundtable discussion last week on the future of American innovation and competitiveness, specifically how to maintain America's science and technology edge in the world marketplace.

The roundtable participants included representatives from MIT, Harvard Business School, and the Council on Competitiveness. The discussion focused on building a workforce with proficiency in science and technology and the government's role in encouraging innovation and research.

The meeting unveiled a report, "Competing Through Innovation," detailing the conclusions and recommendations of a National Innovation Summit held earlier this year (see the 3/20/98 issue of the Digest for additional information) hosted by MIT and organized by the Council on Competitiveness. The report focuses on current trends affecting U.S. innovation such as the talent pool, research base, availability of research funding, vitality of U.S. markets and access to international markets.

The Science and Technology Caucus is a bipartisan group that meets to consider the federal government's role in advancing science and technology issues and their key role in America's economic growth. Senators Joe Lieberman (D-CT), Pete Domenici (R-NM), Jay Rockefeller (D-WV), Conrad Burns (R-MT) and Jeff Bingaman (D-NM) participate in the Caucus.

A copy of the Council on Competitiveness' report "Competing Through Innovation" is available for $5 by calling the Publications Office at the Council on Competitiveness, 202/682-4292.