WASHINGTON President George W. Bush revived on Wednesday (March 28) a high-tech advisory panel established by his father in 1990.
The Bush administration named Floyd Kvamme as co-chairman of the President's Council of Advisors on Science and Technology (Pcast). Kvamme, a key Bush supporter in Silicon Valley, is a partner with venture capitalists Kleiner Perkins Caufield & Byers (Menlo Park, Calif.). Kvamme holds a EE degree and helped start National Semiconductor Corp. in 1967.
The Clinton administration had named members to the advisory panel that was initially established by President George Bush, but also relied on the cabinet-level National Science and Technology Council established in 1993 to help coordinate science, space and technology policy.
With access to venture capital growing more difficult as the U.S. economy continues to slump, industry groups and lawmakers praised Pcast's revival and Kvamme's appointment. "With expertise in both the technological and financial sides of science policy, Mr. Kvamme possesses all the necessary qualifications to be a successful co-chair," said Rep. Sherwood Boehlert, (R-N.Y.), chairman of the House Science Committee.