Since taking office, President Obama has taken historic steps to lay the foundation for theinnovation economy of the future. The Obama Innovation Strategy builds on well over $100billion of Recovery Act funds that support innovation, additional support for education, infrastructure and others in the Recovery Act and the President's Budget, and novel regulatoryand executive order initiatives. It seeks to harness the inherent ingenuity of the American peopleand a dynamic private sector to ensure that the next expansion is more solid, broad-based, andbeneficial than previous ones. It focuses on critical areas where sensible, balanced governmentpolicies can lay the foundation for innovation that leads to quality jobs and shared prosperity. Ithas three parts: ..
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