US Department of Commerce · Washington, DC United States
Company Description
Phone: 202-482-2000
Fax: 202-482-5168
View US Department of Commerce Locations On A US Map
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This link will open in a new window What's up, DOC? At the US Department of Commerce (DOC), the answer to that question could go on for a while. DOC agencies cover everything from patents to population (the census ), from telecommunications to technology, from weather (NOAA ) to weights and measures. The department has a dozen bureaus related directly and indirectly to the regulation, development, and promotion of domestic and international trade. The forerunner of the DOC was established in 1903. Its mission is to foster and develop foreign and domestic trade. The DOC fulfills its mandate by helping create national trade policies, among other functions. The DOC budget is slightly more than $8 billion. To read the full description, subscribe now.
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Key US Department of Commerce Financials
| Company Type | Government Agency Headquarters |
| Fiscal Year-End | September |
| Employees | 35,000 |
US Department of Commerce Executives
42 executives listed for US Department of Commerce's Washington, DC location.
| Title | Name & Bio | Contact |
| Secretary | Gary Locke | Network |
| CFO and Assistant Secretary for Administration | Otto Wolff | Network |
| CIO | Suzanne Hilding | Network |
Competition
Competitive Landscape for US Department of Commerce
Demand for biotechnology research in the fields of medicine, agriculture, food, and science is driven by insurers' willingness to pay for new medical treatments, the global need to produce more food for a rapidly expanding population, and scientists' desire to find solutions for complex scientific and medical issues. Funding for biotech research is often provided by venture capital funds hoping to cash in on new products. The profitability of individual companies depends on the discovery and effective marketing of new products. Because the market for potential products is so large, small biotechnology companies can co-exist successfully with large ones if they have expertise in a particular line of research. The industry is capital intensive: average annual revenue per worker is more than $350,000. Biotech firms face stiff competition from pharmaceutical and other companies seeking to be first with a new product or discovery. To read the full description, subscribe now.Top US Department of Commerce Competitors
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