§ 3718. President’s Council on Innovation and Competitiveness
(a)
In general
The President shall establish a President’s Council on Innovation and Competitiveness.
(b)
Duties
The duties of the Council shall include—
(1)
monitoring implementation of public laws and initiatives for promoting innovation, including policies related to research funding, taxation, immigration, trade, and education that are proposed in this Act or in any other Act;
(2)
providing advice to the President with respect to global trends in competitiveness and innovation and allocation of Federal resources in education, job training, and technology research and development considering such global trends in competitiveness and innovation;
(3)
in consultation with the Director of the Office of Management and Budget, developing a process for using metrics to assess the impact of existing and proposed policies and rules that affect innovation capabilities in the United States;
(4)
identifying opportunities and making recommendations for the heads of executive agencies to improve innovation, monitoring, and reporting on the implementation of such recommendations;
(c)
Membership and coordination
(d)
Development of innovation agenda
(1)
In general
The Council shall develop a comprehensive agenda for strengthening the innovation and competitiveness capabilities of the Federal Government, State governments, academia, and the private sector in the United States.
(2)
Contents
The comprehensive agenda required by paragraph (1) shall include the following:
(A)
An assessment of current strengths and weaknesses of the United States investment in research and development.
(B)
Recommendations for addressing weaknesses and maintaining the United States as a world leader in research and development and technological innovation, including strategies for increasing the participation of individuals identified in section
1885a or
1885b of title
42 in science, technology, engineering, and mathematics fields.
(3)
Advisors
(A)
Recommendation
Not later than 30 days after August 9, 2007, the National Academy of Sciences, in consultation with the National Academy of Engineering, the Institute of Medicine, and the National Research Council, shall develop and submit to the President a list of 50 individuals that are recommended to serve as advisors to the Council during the development of the comprehensive agenda required by paragraph (1). The list of advisors shall include appropriate representatives from the following:
(iii)
Various fields including information technology, energy, engineering, high-technology manufacturing, health care, and education.
(e)
Optional assignment
Notwithstanding subsection (a) and paragraphs (1) and (2) of subsection (c), the President may designate an existing council to carry out the requirements of this section.