Guest blog post by Acting Assistant Secretary of Commerce for Economic Development Matt Erskine

The Obama administration has unveiled several actions that are designed to speed up the growth of new, job-creating companies. Today, a new $6 million i6 Challenge, the third round of the national innovation competition, was announced. Six winning teams from around the country will get awards of up to $1 million this fall for innovative proposals to create and expand Proof of Concept Centers, such as the Deshpande Center for Technological Innovation at the Massachusetts Institute for Technology in Cambridge, Massachusetts, and the Stevens Institute for Innovation at the University of Southern California.

Centers like these incorporate a range of services—such as technology and market evaluation, business planning and mentorship, and early-stage access to capital—that are critical to regional economic growth and job creation.

The i6 competition series has generated great momentum since it was first introduced as part of the roll-out of the White House’s Startup America initiative last year. Projects funded in 2010 and 2011 are already starting to show results.

Guest blog post by Michael C. Camuñez, Assistant Secretary of Commerce for Market Access and Compliance, International Trade Administration

During this past week, in my official capacity as Assistant Secretary of Commerce for Market Access and Compliance, I had the privilege of leading a high-level delegation of U.S. and Mexico government officials on a tour of the U.S.-Mexico border region, which, with $460 billion in trade passing across it each year, is one of the most economically significant borders in the world. As a native New Mexican, I was especially proud to highlight the vast commercial benefits that the border region generates for both countries. The trip included stops in San Diego/Tijuana; NM/Santa Teresa; El Paso; Laredo/Nuevo Laredo; and Monterrey, Mexico. 

At each stop, stakeholders repeated the theme that we—government and business—must work together to change the narrative about the border. The goal is not to diminish awareness of the fact that real security challenges exist; rather, we need to increase awareness that there is more to the border story. Both countries are critical to the economy of the other, and one of our goals for this trip was to highlight the fact that new commercial opportunities exist and that the border serves a critical role in facilitating the essential flow of goods and people between Mexico and the U.S.

Our delegation consisted of U.S. and Mexico government officials and members of the U.S. Chamber of Commerce. We conducted stakeholder outreach events related to the border trade facilitation efforts under the U.S.-Mexico 21st Century Border Management initiative, which was established by Presidents Obama and Calderon in May 2010 as a vehicle to develop and promote a more secure and seamless border between our two countries. These events provided us with an opportunity to share information with stakeholders about the ongoing work and accomplishments of the initiative and to receive important, on-the-ground feedback from them, which can be incorporated into the 21st Century Border Management work streams.

Yesterday, Secretary John Bryson met with the President’s Export Council (PEC) with two goals in mind: to discuss further ways to strengthen the U.S. economy; and to update PEC members on the actions taken by the Department and the administration to increase exports.

As the principal national advisory committee on international trade, the PEC provides a forum for public-private interaction at all levels of government and business. It is responsible for advising the president on government policies and programs affecting U.S. trade performance, covering topics that range from export promotion to deliberations over specific trade challenges in various industries and sectors.

Since the PEC last met, the Obama administration has made great strides in creating jobs, increasing exports and growing the economy. For example, the U.S.-Korea and U.S.-Colombia free trade agreements were implemented earlier this spring, and will drive billions of dollars in additional annual exports and create tens of thousands of American jobs.

Nearly 80 percent of all patent applications filed worldwide are processed through five patent offices: Commerce's United States Patent and Trademark Office (USPTO), the European Patent Office (EPO), the Japan Patent Office (JPO), the Korean Intellectual Property Office (KIPO), and the State Intellectual Property Office of China (SIPO). In 2007, the five agencies formed a group called the IP5, to work on increased cooperation and collaboration. Under Secretary of Commerce for Intellectual Property and Director of the USPTO David Kappos and Deputy Under Secretary Teresa Stanek Rea attended the 5th Meeting of IP5 Heads of Offices in Porticcio, France on June 6th.  

As the USPTO implements the America Invents Act (AIA), signed into law on September 16, 2011, by President Obama, America is poised to implement an optimal 21st Century harmonized patent system. This administration is leading the process of reshaping an IP world into one in which national and regional patent systems are coordinated to create an optimal environment for technological innovation.

At this high-level meeting, the Heads of Offices focused on receiving and analyzing input from IP owners regarding how to make the patent process more user-friendly. As part of that vision, they discussed the concept of a “Global Dossier,” aimed at simplifying procedures for patent applicants and improving the efficiency of the offices when dealing with the same patent application.

The IP5 also reaffirmed their commitment to improve the Patent Cooperation Treaty (PCT), which already enables patent applicants to seek simultaneous patent protection with a single international application for up to 145 countries.

This was the first-ever IP5 meeting featuring the Heads of Offices. The next meeting of all Heads of Offices will be held in the United States, hosted by the USPTO, in 2013.