Archived Webcast:

(Webcast Note: Due to House votes, the hearing recessed at 56 minute mark and resumed at 96 minute mark.)

Washington, D.C. – The U.S. Congress Joint Economic Committee, chaired by Representative Carolyn B. Maloney, held a hearing, titled “Fueling Local Economies: Research, Innovation and Jobs,” on Tuesday, June 29, 2010.  The hearing explored how federally-funded innovation through university grants, including those for basic research, has a positive impact on communities and fuels employment growth.  The Committee heard from witnesses on ways to efficiently leverage those federal dollars to ensure the biggest impact on employment and growth.

WHAT: Hearing on “Fueling Local Economies: Research, Innovation and Jobs”

WHO:   Dr. Robert Litan,
             Vice President for Research & Policy,
             Ewing Marion Kauffman Foundation and
             Senior Fellow, Economic Studies, Brookings Institution
             Kansas City, MO and Washington, DC

            Dr. Samuel L. Stanley, Jr.,
            President,
            Stony Brook University
            Stony Brook, NY

            Mr. Zachary Shulman,
            J. Thomas Clark Senior Lecturer of Entrepreneurship,
            The Johnson School,
            Cornell University and Managing Partner, Cayuga Venture Fund
            Ithaca, NY

WHEN: 10:00 a.m., Tuesday, June 29, 2010

WHERE: 106 Dirksen Senate Office Building

Chair Carolyn B. Maloney presiding

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The Joint Economic Committee, established under the Employment Act of 1946, was created by Congress to review economic conditions and to analyze the effectiveness of economic policy.
 www.jec.senate.gov