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Consumer Technology Association Announces Disruptive Innovation CouncilTo communicate and educate lawmakers, regulators and the general public about the benefits innovative companies bring to the marketplace, the Consumer Technology Association (CTA)TM - formerly the Consumer Electronics Association (News - Alert) (CEA)® - today launched the Disruptive Innovation Council. The Council will provide support and advocacy to help innovative companies that are disrupting traditional business models and empowering consumers to navigate the market and policy challenges. "The Internet has enabled nimble, innovative companies to reshape our economic ecosystem. These companies are reinventing legacy markets and creating jobs along with consumer-friendly new opportunities and services," said Gary Shapiro (News - Alert), president and CEO, CTA. "We are excited to be one of Washington's most vigilant organizations aimed at growing disruptive enterprises. We will fight to ensure the best that technology and innovation can offer to our economy and consumers will not be delayed, restricted or slowed by incumbent businesses using government to stifle progress." The Disruptive Innovation Council includes disruptive innovators such as Boingo, Expedia, Inc., Google, GoPro, Lyft, MC10, Nest, Pandora (News - Alert), Uber, WebMD and Yelp. To be part of the Council, companies must exhibit a proven success, produce a significant cultural impact and create new markets, or solve or simplify commonly used processes or services. "We are proud to support CTA in this important initiative and look forward to helping create an innovation-friendly environment for tomorrow's disruptive businesses. GoPro (News - Alert) created a sea change in a legacy industry and introduced an entirely new value proposition to consumers living out their life's passions," said Tony Bates (News - Alert), president of GoPro. "Joining the Disruptive Innovation Council will allow us to advocate for companies with a similar vision to push the limits of traditional business models." As lawmakers and regulators examine new business models, especially in the sharing economy realm, the Council has developed a series of policy principles that will guide policy makers in supporting a growing disruptive industry:
"When it's easy and safe for people to share rides, the implications for building more sustainable cities are enormous," said David Estrada, Lyft's vice president of government relations. "The majority of states have embraced legislation that creates a sustainable future for ridesharing but there are still many states still grappling with how to regulate this industry. CTA is helping to inform policymakers on the long term benefits of Lyft and other new technologies." The Council is opened to CTA members only. For membership information, please contact Kinsey Fabrizio, [email protected]. About Consumer Technology Association: The Consumer Technology Association (CTA)TM, formerly the Consumer Electronics Association (CEA)®, is the trade association representing the $285 billion U.S. consumer technology industry. More than 2,200 companies - 80 percent are small businesses and startups; others are among the world's best known brands - enjoy the benefits of CTA membership including policy advocacy, market research, technical education, industry promotion, standards development and the fostering of business and strategic relationships. CTA also owns and produces CES® - the world's gathering place for all who thrive on the business of consumer technology. Profits from CES are reinvested into CTA's industry services. UPCOMING EVENTS
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