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HI SR55

Resolution

Official Source

Status

Introduced

3/5/2020

Primary Sponsor

Donovan Cruz

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Department of Business, Economic Development, and Tourism is urged to set policies utilizing Endogenous Growth Theory to foster investment in human capital, innovation, and knowledge building
  • Hawaii should develop its own economic growth path rather than attempt to replicate Silicon Valley and other technology hubs
  • Endogenous Growth Theory emphasizes that investment in human capital, innovation, and knowledge are significant contributors to economic growth, and that policy measures like research and development and education subsidies drive long-run growth
  • Certified copies of the resolution shall be transmitted to the Governor and Director of Business, Economic Development, and Tourism

Legislative Description

Requesting The State Of Hawaii To Create A Framework Of Policies And Metrics For Building A Sustainable Economic Future.

Economic Development

Last Action

Referred to EET.

3/5/2020

Committee Referrals

Energy, Economic Development, and Tourism3/5/2020

Full Bill Text

No bill text available