Eskew named to Commerce Panel on measuring Innovation
Commerce Secretary Carlos M. Gutierrez has named Mike Eskew, the chairman and CEO of UPS, to serve on a new panel to better understand how U.S. innovation contributes to American economic prosperity and high living standards. Eskew is part of an advisory committee that includes 15 business and academic leaders – including six Fortune 500 executives.
The Measuring Innovation in the 21st Century Economy Advisory Committee will help develop better ways to measure innovation so that the public and policy makers can understand better its impact on economic growth and productivity. The committee will study metrics on effectiveness of innovation in various businesses and sectors, and work to identify which data can be used to develop a broader measure of innovation’s impact on the economy.
“American innovation is important to the vitality of our economy, and it is important to understand the impact innovation has on productivity and economic growth,” said Secretary Gutierrez. “Getting a better understanding of how innovation contributes to our economy will help us craft better policies to continue to grow and prosper.”
The panel selection follows an extensive three-month public outreach to business and academic associations, institutions and think tanks to find qualified CEOs and academic experts representing the diversity of the American economy. The Secretary received an overwhelming response representing every major sector of the U.S. economy.
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