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CEOs in D.C.

Here’s food for thought . . . Silicon Valley and Washington, D.C. – Separated by three time zones? Or the Twilight Zone?

Last week, the Silicon Valley Leadership Group took 50 CEOs and senior executives, along with several local elected leaders, to Washington, D.C. for three days.

It is never a small request to ask executives, running global companies, to set aside the demands of their businesses to travel to D.C.

In a Valley where product life cycles can last as little as six months, CEOs often scratch their heads as Congress takes years, sometimes decades, to tackle issues of great importance to America’s economy:

  • Immigration Reform: More than three decades have passed since major reforms were last enacted.
  • Tax Reform: Four decades.
  • Patent Reform: Before a partial overhaul in 2011, the last meaningful action was nearly 70 years ago.

So why do executives and local elected leaders still slog back to D.C.?

First, through patience and persistence, successes do happen: Consider our victory in securing the Regional Patent Office in San Jose, and $900 million in matching funds for our BART extension.

Second, relationships are strengthened. Silicon Valley is the earth’s epicenter of innovation. D.C. is the capitol of our democracy. Differences will remain, but we must focus on the bridges that must be built. Citizen engagement is good for America, good for our democracy, and good for the innovation that drives our country’s economy.

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