Office of Technology Policy
Encyclopedia
The Office of Technology Policy (OTP) is an office of the Technology Administration
of the United States Department of Commerce
that works with industry to promote competitiveness and advocates integrated policies for maximizing the impact of technology on economic growth
.
OTP is the only office in the United States
federal government
with the explicit mission of developing and advocating national policies and initiatives that use technology
to build America's economic strength. OTP's stated goals include the creation of high-wage jobs and improvements in the United States' quality of life
.
Technology Administration
The Technology Administration is an agency in the United States Department of Commerce that works with United States industries to promote economic competitiveness...
of the United States Department of Commerce
United States Department of Commerce
The United States Department of Commerce is the Cabinet department of the United States government concerned with promoting economic growth. It was originally created as the United States Department of Commerce and Labor on February 14, 1903...
that works with industry to promote competitiveness and advocates integrated policies for maximizing the impact of technology on economic growth
Economic growth
In economics, economic growth is defined as the increasing capacity of the economy to satisfy the wants of goods and services of the members of society. Economic growth is enabled by increases in productivity, which lowers the inputs for a given amount of output. Lowered costs increase demand...
.
OTP is the only office in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
federal government
Federal government of the United States
The federal government of the United States is the national government of the constitutional republic of fifty states that is the United States of America. The federal government comprises three distinct branches of government: a legislative, an executive and a judiciary. These branches and...
with the explicit mission of developing and advocating national policies and initiatives that use technology
Technology
Technology is the making, usage, and knowledge of tools, machines, techniques, crafts, systems or methods of organization in order to solve a problem or perform a specific function. It can also refer to the collection of such tools, machinery, and procedures. The word technology comes ;...
to build America's economic strength. OTP's stated goals include the creation of high-wage jobs and improvements in the United States' quality of life
Quality of life
The term quality of life is used to evaluate the general well-being of individuals and societies. The term is used in a wide range of contexts, including the fields of international development, healthcare, and politics. Quality of life should not be confused with the concept of standard of...
.