SECTIONS 12095-12095.02 - California Statutes

GOVERNMENT CODE

SECTION 12095-12095.02

12095. The Legislature finds and declares the following:
(a) Innovation in California industry is basic to the preservation
and growth of a strong state economy and high employment.
(b) Industries characterized by a sustained capacity for
innovation require the following:
(1) Well-educated and well-trained employees at every level.
(2) The ability to retrain all elements of the workforce as need
requires.
(3) Motivational protocols and procedures to maintain high
productivity.
(4) Continued access to the latest and best information from basic
and applied research.
(5) A well-planned and maintained system of transportation, water
and energy supply, and waste disposal.
(6) Access to capital markets.
(c) Although the existing California Commission on Industrial
Innovation appointed pursuant Executive Order No. B-91-81 has made a
good start to identify, monitor, assess, evaluate and recommend upon
the related policies necessary to maintain California's lead in
industrial innovation, a more permanent commission located in the
Office of the Governor is necessary to fully achieve these ends.

12095.01. In order to encourage industrial innovation, and to
develop policies which maintain California's leadership in the
national economy and retain its international competitive position,
the Legislature intends by the enactment of this chapter to create
the California Commission on Industrial Innovation within the Office
of the Governor, the Legislature further intends that the commission
be governed by leading representatives of California government,
academia, labor and innovative industries, and that the commission
provide research which can be used by it in developing and
recommending effective and aggressive strategies for expanding the
state's economy and employment rate.

12095.02. Unless the contrary is stated or clearly appears from the
context, the definitions set forth in this section shall govern the
interpretation of this chapter:
(a) "Commission" means the California Commission for Industrial
Innovation.
(b) "Council" means the advisory council of the commission
established by Section 12095.20.
(c) "Industrial innovation" refers to technology-based companies
such as those making or developing electronic components, computers
and peripherals, instruments, communications equipment, robotics,
biotechnology, photovoltaics, and aerospace equipment in which both
of the following conditions apply:
(1) At least 5 percent of sales are devoted to research and
development.
(2) At least 15 percent of sales are devoted to depreciable
investment.