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Innovation Measurement, Tracking the State of Innovation in the American Economy

Executive Summary The Advisory Committee on Measuring Innovation in the 21st Century Economy was established by the Secretary of Commerce in September 2006 to recommend ways to improve the measurement of innovation in the economy. In its report, the Advisory Committee outlines its recommendations to the Secretary of Commerce for steps to be taken by the government, the business community, and government and private sector researchers to foster and improve the measurement of innovation in the economy.

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