Strong Supply Chains Critical to Infrastructure Funding
Digital infrastructure provides the foundation for Americans to enjoy the economic and social benefits that come from a reliable online economy. It gives us access to virtual healthcare services and online education. It helps small businesses sell products and services online. And it enables remote working for businesses and organizations of all sizes.
Passage last year of the Infrastructure Investment and Jobs Act guaranteed historic federal funding to not only improve our current networks and infrastructure but to help close the digital divide and deliver more clean energy to our grid. This is a massive investment in our future and promises to improve the lives of Americans for decades to come.
It’s important to recognize that innovation does not happen in a vacuum.
However, it’s important to recognize that innovation does not happen in a vacuum. Resources such as a reliable global supply chain are critical in helping industries keep America at the forefront of the development and deployment of broadband infrastructure.
While it is vital that we continue to expand supply chains and manufacturing here in the United States, global companies must be able to continue tapping into the global supply chains that will provide full access to materials. Rigid domestic sourcing requirements threaten the success of this funding.
The technology industry has proven that it is possible to expand domestic labor and manufacturing opportunities which promote economic growth, while also using the global supply chain when beneficial to further innovation. This progress must be kept in mind as policy is developed and implemented.
Strong Supply Chains Critical to Infrastructure Funding
The impact of climate change on landscapes, communities, and the planet is a shared experience across the globe. From our water supplies to the air we breathe, climate change knows no borders. This Earth Day, we were reminded of the importance of acting with speed and efficiency to put in place safeguards that will protect our planet for future generations.
“Addressing climate change will require accelerating innovation…”— ITI President and CEO Jason Oxman
ITI members are leading tech sector efforts to ensure that people around the world will continue to have access to resources and materials for generations to come. Our companies are consistently innovating throughout the entire product lifecycle, from materials sourcing to environmental design, to energy efficiency and proper end-of-life management.
However, ensuring Earth’s longevity and viability is a herculean task. It requires broad partnerships and problem-solving across industries and governments. ITI strongly advocates for public policy and international partnerships, such as the Paris Agreement, that provide the proper funding and programs aimed at avoiding irreversible damage to societies, economies, and the planet.
You can learn more about the tech industry’s commitment to creating a healthier, more sustainable planet at bridgeforinnovation.org.
Tech is a crucial ingredient to shared prosperity and a more equitable, secure society that enjoys better health outcomes and superior educational opportunities for all. Good policy can make our lives better, ensure our economy is strong and support good jobs and opportunities in which innovation can flourish.
The State of the Union comes this week as the list of pressing issues to address seemingly grows longer by the day. It is important to ensure that industry and government are working together to deliver a future that Americans deserve.
ITI understands that the tech industry must serve as an important partner in helping drive critical policy initiatives to promote U.S. competitiveness and lift up the U.S. economy. The Bridge for Innovation campaign underscores this spirit of innovation, partnership, and the importance of smart and purposeful policy.
ITI has put forward several policy priorities where the United States can make significant progress in 2022 for the benefit of businesses, workers, and consumers across virtually every sector of the economy. The below priorities included in ITI’s suggestions mirror the policy focus of the Bridge for Innovation campaign.
Support Technology Research, Development, and Manufacturing
Advance a Tax System that Promotes Growth and is Globally Competitive
Accelerate Broadband Deployment to all U.S. Communities
Pass Federal Privacy Legislation
Ensure A Consistent and Coordinated Approach to Cybersecurity
Bolster Supply Chain Security
Equity and Opportunity
Expand Strong, Inclusive Digital Trade Commitments
Develop the Workforce of the Future
Read ITI’s Action Plan for 2022 to see how the global technology industry is committed to driving America’s economic competitiveness.
The tech industry supports policies that increase opportunity, protect consumer privacy, makes our networks and devices safer and protects our environment for future generations.
Over the past few years, policymakers and consumers around the world have focused much of their attention on a few large technology companies and how those firms impact our world. But the technology industry is comprised of companies of all sizes creating innovative products and services focused on developing new solutions to old problems and exploring new ways of doing things.
Since 1916, ITI members have been researching, creating and innovating to provide new products and services that help a wide array of industries and consumers.
Innovation thrives when we have an environment for growth and development. Our member companies are producing innovations made possible by previous good policy decisions that have allowed these technologies and services to take root and thrive.
That’s why ITI is launching a new campaign, Bridge for Innovation, to highlight how our members are helping create technologies that help provide solutions for some of society’s most pressing issues, as well as how good policies can help us create a better tomorrow.
In our increasingly interconnected world, our members are immersed in many of today’s most complex policy discussions. ITI serves as an important convenor for policymakers and stakeholders seeking insights into technology and how good policy solutions can help address hurdles to progress.
At a critical moment when some of society’s most challenging issues are intersecting, ITI is in a unique position to provide insights into technology and policy solutions critical in addressing such issues.
Learn More: Information Technology Industry Council (ITI)
The Information Technology Industry Council (ITI) is the premier advocacy and policy organization for the world’s leading innovation companies.
Founded in 1916, ITI is an international trade association with a team of professionals on four continents. We promote public policies and industry standards that advance competition and innovation worldwide.
Our diverse membership and expert staff provide policymakers the broadest perspective and thought leadership from technology, hardware, software, services, and related industries.
For more information about ITI’s advocacy efforts visit our website here.