U.S. Chamber of Commerce Promotes Key Public-Private Partnerships as a Catalyst for Innovation

A new U.S. Chamber of Commerce report asks, "What state policies can lead to world-class educational systems? How do states create a high skill labor force and good jobs? How do governors promote growth in their local and regional economies?"

According to the Chamber, the answer is innovation, not only from the private sector, but also from public sector thought leaders and policymakers. The strongest catalyst for innovation is public-private partnerships, which help all stakeholders understand economic assets-education and research capabilities unique to the region-align policies to support and build those assets through tax incentives and workforce strategies, and make key investments in K-12 STEM (science, technology, engineering and math), research and development and physical infrastructure.

The full report, Innovation America: A Public-Private Partnership is available at http://www.uschamber.com/NR/rdonlyres/e24mvvt6shw7gjx4jbtkazrofb44pfn4ubtu55atqn5rpn7icuabuekbb33w5iquhn6xaxqzl3ln6ur2hg4jwgbjgxc/PublicPrivateReportELECTONICversion9.19.07.pdf.