Page:United States Statutes at Large Volume 121.djvu/599

 121 STAT. 578

PUBLIC LAW 110–69—AUG. 9, 2007

that are designed to teach individuals to apply scientific, engineering, and management disciplines that integrate elements of computer science, operations research, industrial engineering, business strategy, management sciences, and social and legal sciences, in order to encourage innovation in how organizations create value for customers and shareholders that could not be achieved through such disciplines working in isolation.

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SEC. 1006. PRESIDENT’S COUNCIL ON INNOVATION AND COMPETITIVENESS.

Establishment.

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15 USC 3718.

(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; (5) developing metrics for measuring the progress of the Federal Government with respect to improving conditions for innovation, including through talent development, investment, and infrastructure improvements; and (6) submitting to the President and Congress an annual report on such progress. (c) MEMBERSHIP AND COORDINATION.— (1) MEMBERSHIP.—The Council shall be composed of the Secretary or head of each of the following: (A) The Department of Commerce. (B) The Department of Defense. (C) The Department of Education. (D) The Department of Energy. (E) The Department of Health and Human Services. (F) The Department of Homeland Security. (G) The Department of Labor. (H) The Department of the Treasury. (I) The National Aeronautics and Space Administration. (J) The Securities and Exchange Commission. (K) The National Science Foundation. (L) The Office of the United States Trade Representative. (M) The Office of Management and Budget. (N) The Office of Science and Technology Policy. (O) The Environmental Protection Agency. (P) The Small Business Administration.

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