R&D Credit Coalition Applauds White House Innovation Strategy & Commitment to Research and Development
WASHINGTON, Sept. 21 /PRNewswire-USNewswire/ -- The R&D Credit Coalition applauds President Obama for his speech made today at an upstate New York community college where he outlined his broader innovation strategy and how the government can play an important role in bolstering the U.S. economy through supporting innovation and entrepreneurship.
The following statement can be attributed to the R&D Credit Coalition:
"America has a strong innovation economy, but as we head into the G20 Summit in Pittsburgh this week, there are signs that our great country risks falling behind other developed nations. For America to lead the world in a global economic revitalization, our leaders must renew their commitment to supporting innovation through research and development.
"The R&D Credit Coalition applauds President Obama's Innovation Strategy and its recognition of R&D as a key building block in America's economic recovery and job creation. We pledge to work with the President and Congress in advancing this critical national innovation strategy, including the enactment of a permanent and strengthened R&D credit as soon as possible."
About the R&D Credit Coalition
The R&D Credit Coalition is a group of more than 100 trade and professional associations along with small, medium and large companies that collectively represent millions of American workers engaged in U.S.-based research throughout major sectors of the U.S. economy, including aerospace, agriculture, biotechnology, chemicals, electronics, energy, information technology, manufacturing, medical technology, pharmaceuticals, software and telecommunications. http://www.investinamericasfuture.org
