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National Council on Innovative Technology Commercialization

Scientific and technical employment, 1990-2005

Douglas J. Braddock
Economist, Office of Employment Projections, Bureau of Labor Statistics

Alternative employment projections of scientists, engineers, and technicians indicate growth ranging widely-from 9 percent to 59 percent over the 1900-2005 period. This article summarizes the results of a BLS study on the employment prospects of scientific and technical workers, sponsored by the National Science Foundation's Division of Science Resource Studies.

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Department of Labor and Small Business Administration
Partner to Support People with Disabilities

(L-R) Roy Grizzard, Assistant Secretary of Labor for Disability Employment Policy; Elaine L. Chao, Secretary of Labor; and Hector V. Barreto, Adminstrator of the Small Business Administration with the newly signed Strategic Alliance Memorandum at the Department of Labor on Thursday, Dec. 11. (DOL Photo/Neshan Naltchayan)

(L-R) Roy Grizzard, Assistant Secretary of Labor for Disability Employment Policy; Elaine L. Chao, Secretary of Labor; and Hector V. Barreto, Adminstrator of the Small Business Administration with the newly signed Strategic Alliance Memorandum.

Secretary of Labor Elaine L. Chao and Small Business Administration Administrator Hector V. Barreto signed a Strategic Alliance Memorandum (SAM) designed to help people with disabilities pursue small business ownership and to increase their employment opportunities in small businesses on Thursday, Dec. 11, at the U.S. Department of Labor in Washington.

Representative George Brown, the ranking Democratic member of the House Science Committee, has stated that "we abandon science and technology at our peril." "There are vast discrepancies in the level of technology and associated qualities of life nationwide and worldwide, causing difficult tensions."

President Bush and DOL Secretary Chao are clear at the Labor's 21st Century Workforce Summit, "Helping America Work."


To provide a turnkey monetization solutions to local and international universities, companies, scientists and government agencies in monetizing on their innovative discoveries and advanced technologies.

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Our global survival depends on innovation and technology – technology defends our borders and strengthens our defenses overseas; technology provides us with food and invigorates our economy. And our democracy and our global leadership own their allegiance to scientific innovation and to business entrepreneurs with enthusiasm and daring to monetize on that innovation. Through this process they sublime those vague ideas into our countries weapons, sustenance and shelter.

As a scientist carries his young innovation seedling through the scorching process of commercialization, he witnesses the withering and the dying of thousands of other precious technologies – perhaps some that could have cured Cancer or saved millions of lives. Those lucky few, who possess the faculty of adaptability, or who have found a business genius within themselves or within a partner – those who received advice and a critical assessment of their technological and their commercial potential from industry experts, who received grants and investments and who have maximized the monetization of their technology – they are the ones on whom our economy is based.

But it could be better. Instead of basing our countries technology livelihood on the success of those few business experts, we can create a much more robust innovative technology economy by providing scientists and inventors, who have the enthusiasm but not the experience to commercialize and maximize the monetization of their technology, with a complete and “ready to be monetized” solution. From the very beginning someone would assess their plans and their inventions, would provide them with capital and would put them on the right path to not only succeed but maximize their value to our economy, our society and themselves.

Committee on West Virginia Innovative Technology Commercialization

 Committee on Hawaii Innovative Technology Commercialization