H. R. 2272—5 
(6) means by which industry, trade associations, and 
universities could collaborate to support research on manage-
ment practices and methodologies for assessing the value and 
risks of longer term innovation strategies; 
(7) means to encourage new, open, and collaborative dia-
logue between industry associations, regulatory authorities, 
management, shareholders, labor, and other concerned interests 
to encourage appropriate approaches to innovation risk-taking; 
(8) incentives to encourage participation among institutions 
of higher education, especially those in rural and underserved 
areas, to engage in innovation; 
(9) relevant Federal regulations that may discourage or 
encourage innovation; 
(10) all provisions of the Internal Revenue Code of 1986, 
including tax provisions, compliance costs, and reporting 
requirements, that discourage innovation; 
(11) the extent to which Federal funding promotes or 
hinders innovation; and 
(12) the extent to which individuals are being equipped 
with the knowledge and skills necessary for success in the 
21st century workforce, as measured by— 
(A) elementary school and secondary school student 
academic achievement on the State academic assessments 
required under section 1111(b)(3) of the Elementary and 
Secondary Education Act of 1965 (20 U.S.C. 6311 (b)(3)), 
especially in mathematics, science, and reading, identified 
by ethnicity, race, and gender; 
(B) the rate of student entrance into institutions of 
higher education, identified by ethnicity, race, and gender, 
by type of institution, and barriers to access to institutions 
of higher education; 
(C) the rates of— 
(i) students successfully completing postsecondary 
education programs, identified by ethnicity, race, and 
gender; and 
(ii) certificates, associate degrees, and bacca-
laureate degrees awarded in the fields of science, tech-
nology, engineering, and mathematics, identified by 
ethnicity, race, and gender; and 
(D) access to, and availability of, high quality job 
training programs. 
(b) REPORT REQUIRED.—Not later than 1 year after entering 
into the contract required by subsection (a) and 4 years after 
entering into such contract, the National Academy of Sciences shall 
submit to Congress a report on the study conducted under such 
subsection. 
(c) AUTHORIZATION OF APPROPRIATIONS.—There are authorized 
to be appropriated to the Office of Science and Technology Policy 
$1,000,000 for fiscal year 2008 for the purpose of carrying out 
the study required under this section. 
SEC. 1003. NATIONAL TECHNOLOGY AND INNOVATION MEDAL. 
Section 16 of the Stevenson-Wydler Technology Innovation Act 
of 1980 (15 U.S.C. 3711) is amended— 
(1) in the section heading, by striking ‘‘NATIONAL MEDAL’’ 
and inserting ‘‘NATIONAL
TECHNOLOGY
AND
INNOVATION 
MEDAL’’; and
H. R. 2272—6 
(2) in subsection (a), by striking ‘‘Technology Medal’’ and 
inserting ‘‘Technology and Innovation Medal’’. 
SEC. 1004. SEMIANNUAL SCIENCE, TECHNOLOGY, ENGINEERING, AND 
MATHEMATICS DAYS. 
It is the sense of Congress that the Director of the Office 
of Science and Technology Policy should— 
(1) encourage all elementary and middle schools to observe 
a Science, Technology, Engineering, and Mathematics Day twice 
in every school year for the purpose of bringing in science, 
technology, engineering, and mathematics mentors to provide 
hands-on lessons to excite and inspire students to pursue the 
science, technology, engineering, and mathematics fields 
(including continuing education and career paths); 
(2) initiate a program, in consultation with Federal agencies 
and departments, to provide support systems, tools (from 
existing outreach offices), and mechanisms to allow and encour-
age 
Federal 
employees 
with 
scientific, 
technological, 
engineering, or mathematical responsibilities to reach out to 
local classrooms on such Science, Technology, Engineering, and 
Mathematics Days to instruct and inspire school children, 
focusing on real life science, technology, engineering, and 
mathematics-related applicable experiences along with hands- 
on demonstrations in order to demonstrate the advantages 
and direct applications of studying the science, technology, 
engineering, and mathematics fields; and 
(3) promote Science, Technology, Engineering, and Mathe-
matics Days involvement by private sector and institutions 
of higher education employees, including partnerships with sci-
entific, engineering, and mathematical professional organiza-
tions representing individuals identified in section 33 or 34 
of the Science and Engineering Equal Opportunities Act (42 
U.S.C. 1885a or 1885b), in a manner similar to the Federal 
employee involvement described in paragraph (2). 
SEC. 1005. STUDY OF SERVICE SCIENCE. 
(a) SENSE OF CONGRESS.—It is the sense of Congress that, 
in order to strengthen the competitiveness of United States enter-
prises and institutions and to prepare the people of the United 
States for high-wage, high-skill employment, the Federal Govern-
ment should better understand and respond strategically to the 
emerging management and learning discipline known as service 
science. 
(b) STUDY.—Not later than 1 year after the date of the enact-
ment of this Act, the Director of the Office of Science and Technology 
Policy shall, through the National Academy of Sciences, conduct 
a study and report to Congress on how the Federal Government 
should support, through research, education, and training, the 
emerging management and learning discipline known as service 
science. 
(c) OUTSIDE RESOURCES.—In conducting the study under sub-
section (b), the National Academy of Sciences shall consult with 
leaders from 2- and 4-year institutions of higher education, as 
defined in section 101(a) of the Higher Education Act of 1965 
(20 U.S.C. 1001(a)), leaders from corporations, and other relevant 
parties. 
(d) SERVICE SCIENCE DEFINED.—In this section, the term 
‘‘service science’’ means curricula, training, and research programs
H. R. 2272—7 
that are designed to teach individuals to apply scientific, 
engineering, and management disciplines that integrate elements 
of computer science, operations research, industrial engineering, 
business strategy, management sciences, and social and legal 
sciences, in order to encourage innovation in how organizations 
create value for customers and shareholders that could not be 
achieved through such disciplines working in isolation. 
SEC. 1006. PRESIDENT’S COUNCIL ON INNOVATION AND COMPETITIVE-
NESS. 
(a) IN GENERAL.—The President shall establish a President’s 
Council on Innovation and Competitiveness. 
(b) DUTIES.—The duties of the Council shall include— 
(1) monitoring implementation of public laws and initia-
tives for promoting innovation, including policies related to 
research funding, taxation, immigration, trade, and education 
that are proposed in this Act or in any other Act; 
(2) providing advice to the President with respect to global 
trends in competitiveness and innovation and allocation of Fed-
eral resources in education, job training, and technology 
research and development considering such global trends in 
competitiveness and innovation; 
(3) in consultation with the Director of the Office of 
Management and Budget, developing a process for using metrics 
to assess the impact of existing and proposed policies and 
rules that affect innovation capabilities in the United States; 
(4) identifying opportunities and making recommendations 
for the heads of executive agencies to improve innovation, moni-
toring, and reporting on the implementation of such rec-
ommendations; 
(5) developing metrics for measuring the progress of the 
Federal Government with respect to improving conditions for 
innovation, including through talent development, investment, 
and infrastructure improvements; and 
(6) submitting to the President and Congress an annual 
report on such progress. 
(c) MEMBERSHIP AND COORDINATION.— 
(1) MEMBERSHIP.—The Council shall be composed of the 
Secretary or head of each of the following: 
(A) The Department of Commerce. 
(B) The Department of Defense. 
(C) The Department of Education. 
(D) The Department of Energy. 
(E) The Department of Health and Human Services. 
(F) The Department of Homeland Security. 
(G) The Department of Labor. 
(H) The Department of the Treasury. 
(I) The National Aeronautics and Space Administra-
tion. 
(J) The Securities and Exchange Commission. 
(K) The National Science Foundation. 
(L) The Office of the United States Trade Representa-
tive. 
(M) The Office of Management and Budget. 
(N) The Office of Science and Technology Policy. 
(O) The Environmental Protection Agency. 
(P) The Small Business Administration.
H. R. 2272—8 
(Q) Any other department or agency designated by 
the President. 
(2) CHAIRPERSON.—The Secretary of Commerce shall serve 
as Chairperson of the Council. 
(3) COORDINATION.—The Chairperson of the Council shall 
ensure appropriate coordination between the Council and the 
National Economic Council, the National Security Council, and 
the National Science and Technology Council. 
(4) MEETINGS.—The Council shall meet on a semi-annual 
basis at the call of the Chairperson and the initial meeting 
of the Council shall occur not later than 6 months after the 
date of the enactment of this Act. 
(d) DEVELOPMENT OF INNOVATION AGENDA.— 
(1) IN GENERAL.—The Council shall develop a comprehen-
sive agenda for strengthening the innovation and competitive-
ness capabilities of the Federal Government, State govern-
ments, academia, and the private sector in the United States. 
(2) CONTENTS.—The comprehensive agenda required by 
paragraph (1) shall include the following: 
(A) An assessment of current strengths and weaknesses 
of the United States investment in research and develop-
ment. 
(B) Recommendations for addressing weaknesses and 
maintaining the United States as a world leader in research 
and development and technological innovation, including 
strategies for increasing the participation of individuals 
identified in section 33 or 34 of the Science and Engineering 
Equal Opportunities Act (42 U.S.C. 1885a or 1885b) in 
science, technology, engineering, and mathematics fields. 
(C) Recommendations for strengthening the innovation 
and competitiveness capabilities of the Federal Govern-
ment, State governments, academia, and the private sector 
in the United States. 
(3) ADVISORS.— 
(A) RECOMMENDATION.—Not later than 30 days after 
the date of the enactment of this Act, the National Academy 
of Sciences, in consultation with the National Academy 
of Engineering, the Institute of Medicine, and the National 
Research Council, shall develop and submit to the President 
a list of 50 individuals that are recommended to serve 
as advisors to the Council during the development of the 
comprehensive agenda required by paragraph (1). The list 
of advisors shall include appropriate representatives from 
the following: 
(i) The private sector of the economy. 
(ii) Labor. 
(iii) Various fields including information tech-
nology, energy, engineering, high-technology manufac-
turing, health care, and education. 
(iv) Scientific organizations. 
(v) Academic organizations and other nongovern-
mental organizations working in the area of science 
or technology. 
(vi) Nongovernmental organizations, such as 
professional organizations, that represent individuals 
identified in section 33 or 34 of the Science and 
Engineering Equal Opportunities Act (42 U.S.C. 1885a