. >> host: also joining us is gautham nagesh from "the hill" newspaper, he's a technology reporter there. ma has been talking about his innovation -- president obama has been talking about his innovation agenda, and he's been referencing this in several speeches. here he is from last month at penn state. >> and anywhere you go in the country, you will find inventers and businesses that created products that are now sent all around the world. but innovation has also flourished because we as a nation have invested in the success of these individual entrepreneurs, these inventers, these scientists. in this country from the moment you have a new idea, you can explore it in the world's best labs and universities, you can develop it with a research grant, you can protect it with a patent, you can market it with a loan to start a new business. you have got a chain that takes a great idea all the way through, and that's something that we as a nation have always invested in. it's how we as a people have advanced ideas from the earliest stages of research to the point where you can hand it off and