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Exploring the Landscape of American Innovation

Throughout our country’s history, innovators have used the patent system to protect their ideas. From Samuel Hopkin's improved process in making potash, an ingredient in fertilizer in 1790, to the patents of the present day, the United States Patent and Trademark Office (USPTO) has evaluated and safeguarded innovation around the world.

Deep Dive into Hispanic Business Ownership

Female business ownership booms

The number of U.S. businesses grew 2 percent between 2007 and 2012 as the country weathered the financial crisis and entered the first three years of economic recovery. Yet, while overall business growth over this period was muted, growth in the number of minority-owned firms boomed. According to data from the Census Bureau's Survey of Business Owners, the number of minority-owned firms jumped by 38 percent to 8 million.

Commerce On The Cloud

In early 2011, the Administration released the Federal Cloud Computing Strategy - that advocates the 'Cloud First' approach in order to capitalize on its cost savings, availability improvements, energy efficiencies, system agility, centralized security management and increased reliability.

Now, DOC will be able to develop, test and build products and services on the FedRAMPed Amazon Web Services platform.

As "America's Data Agency", the Department of Commerce intrinsically understands and appreciates that a 'Cloud First' strategy is critical in maximizing the power of open data in order to facilitate the conditions for economic growth and opportunity.  The Big Data Project from the National Oceanic and Atmospheric Administration (NOAA) and the Open Data efforts from the Commerce Data Service show this clearly.

U.S. Department of Commerce Releases New Report On Digital Matching Firms

Report provides first-ever government definition of "digital matching firms" and initial assessment of growing sector's size and scope

WASHINGTON - Today, the Department of Commerce released a report titled: "Digital Matching Firms: A New Definition in the 'Sharing Economy' Space." The report provides the first-ever government definition of "digital matching firms," which are companies that use Internet and smartphone-enabled apps to match service providers with consumers, help ensure trust and quality assurance via peer-rating services, and rely on flexible service providers who, when necessary, use their own assets. The report provides an initial assessment of the sector's size and scope based on publicly available data of the largest firms in the industry. It also examines the potential effect of what is commonly known as the "sharing economy" on consumers and service providers.

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