Business Technology and Innovation

The United States economy has experienced a dramatic shift away from manufacturing toward high end service industries such as law, accounting, and financials. As Americans move from factories into office buildings, there is a growing need for innovation in the way business operates at both the corporate management and the local office level.
The United States Senate has continued to encourage investment in infrastructure and training to help produce a high tech workforce. Technology oriented grants are available to assist workers in obtaining the training and education necessary to manage the growing challenges encountered in today’s job market.
There have been many important new developments in business technology. Business method patents are available to provide intellectual property rights for the development of business innovation that creates value and leads to economic success. Computer based software algorithms for handling complex financial transactions can be patented and the property rights may be assigned.
As the complexities and demands of management increase, it is important to maintain focus on the goal of ensuring American success for the next generation. It is important to maintain programs in basic research, education, and training in computers and the internet. In order to remain on the cutting edge, we must also investigate new ways to apply knowledge from other disciplines such as economics and finance to make new advances in the development of business technology.