Recognizing March 1, 2017, as Innovation and Technology Day at the State Capitol.
By recognizing Innovation and Technology Day, HR716 aims to promote the ongoing growth of the tech sector and encourages further investment in science, technology, engineering, and mathematics (STEM) education. This is crucial considering the anticipated growth of STEM jobs in Texas, which is projected to grow by over 17 percent in the decade, nearly double that of non-STEM occupations. The bill encourages the legislature to support initiatives that further enhance the innovation economy in Texas, thus affecting the strategic direction of future state policies regarding technology and education.
HR716 recognizes March 1, 2017, as Innovation and Technology Day at the State Capitol, celebrating the growth of the technology industry in Texas. The resolution highlights the significant contributions of over 35,000 technology businesses in the state, which employ more than 600,000 individuals, making Texas a leader in the technology sector. The bill emphasizes how the technology industry is not only pivotal for job creation but also a major contributor to the state’s economy, representing over 6.2 percent of Texas’s gross domestic product (GDP).
The general sentiment surrounding HR716 is positive, reflecting a bipartisan acknowledgment of the importance of innovation and technology in driving economic progress. Legislators and stakeholders from the technology sector expressed optimism about the planned events and discussions held on Technology Day, viewing them as vital for fostering collaboration and sharing ideas across the industry. The resolution serves to not only celebrate current achievements but also promote a collaborative spirit for future advancements within the state’s tech landscape.
While the bill does not appear to have significant points of contention, it underscores the ongoing need for Texas to maintain its competitive edge in the technology sector. Some industry advocates express concerns about the need for ongoing support and policies that not only recognize but also actively facilitate growth, such as funding for STEM education and investment in innovative startups. The resolution's focus on a unified technological framework indicates a recognition that collective efforts are essential in sustaining Texas’s leadership in the global technology economy.