The U.S. tech sector has helped the U.S. economy thrive and compete on an international scale for more than a century. That’s been made possible by a policy and regulatory environment that has enabled technology companies to lead the world in developing innovative products and services, including groundbreaking, disruptive technologies that transform markets, address societal challenges, and allow us to imagine entirely new solutions that facilitate creation and commercial engagement by an increasingly wide range of firms, entrepreneurs, and individuals.

The technology industry is constantly working to enable companies of all sizes and from every industry to reach new markets, create jobs, and raise standards. That includes making investments in R&D that fuel U.S. global competitiveness, both through the creation of high-paying jobs across the United States, as well as through developing and selling the products and services those innovations offer to global customers. Constantly competing on the international playing field and leading in innovation and cutting edge technologies to ensure the U.S. is setting standards and best practices while bolstering the domestic economy

Children working on a STEM assignment in class

Good policy means promoting growth in high skilled, highly paid jobs, including by supporting innovation and technology manufacturing and ensuring that groundbreaking R&D activities and valuable intellectual property are located in the U.S. It means continuing to position the U.S. well to further its standing as a global leader in digital trade, decreasing unnecessary hurdles to cross-border data flows in a safe and secure manner. And recognizing that the competitiveness of the U.S. tech sector is dependent on its domestic workforce.