Technology Councils of North America Survey Results Identify Technology Executives Key Business and Policy Issues

NVTC members were among the 926 C-level U.S. IT and business executives who participated in a Technology Councils of North America-conducted survey to take the pulse of technology and business executives on key business and policy issues. Survey findings were released on Oct. 25.

Survey results showed that 66 percent of top technology and business executives prefer that government have some role in promoting innovation and growth in the tech sector, with 58 percent of respondents saying that the government should be doing more to expand access to capital for startup and high-growth companies.

Nearly half (49 percent) of respondents listed K-12 STEM (science, technology, engineering and math) education as a top policy priority, while 42 percent hope to expand their pool of trained tech workers by placing career, technical and vocational education on par with traditional degree programs.

Over the next six months, 59 percent of respondents expect to expand technical staffing levels; 58 percent are looking to expand investment in new products or business lines; 55 percent are planning to expand marketing/advertising expenditures and 52 percent expect to expand technology expenditures.

Nearly three quarters (72.1 percent) of the top executives expect their businesses to improve over the next six months, while 53 percent expressed concerns about the economy’s stalled recovery.

The data for the study was collected via online survey earlier this month. The margin of error for the results is +/-3.3 percentage points. To view a summary of survey results, click here.