Science and R&D

In an economy powered by innovation and technology, more proactive R&D policies are key to success.

In 2009, basic research was about 19% ($76 billion) of total U.S. R&D performance.

In 2009, basic research was about 19% ($76 billion) of total U.S. R&D performance. According to the National Science Board, U.S. R&D is dominated by development activities, largely performed by the business sector. The business sector also performs the majority of applied research, but most basic research is conducted at universities and colleges and funded by the federal government.

A Research Investor’s Visa Would Spur U.S. Economic and Employment Growth

April 30, 2013
| Blogs & Op-eds

At least nine competitor nations—Australia, Canada, Chile, China, Germany, Ireland, Israel, Singapore, and the United Kingdom—have implemented innovative policies to attract foreign entrepreneurs and investors to their countries as part of a concerted effort to design their nations’ immigration strategies in ways that drive economic and employment growth. These countries “see immigration as an integral part of their national economic strategy—a factor in their prosperity as significant as education and infrastructure.” It’s time the United States does the same. A research investor’s visa would represent an innovative path to U.S. citizenship that at the same time boosts R&D investment and the competitiveness of the U.S. economy.

New Science Standards Have America’s Educational Publishers Turning the Page

Fox News
Fox News cites ITIF in reporting on science, stating that only 8 percent of college graduates enter the workforce with a STEM degree.

Because of the sequester, NSF will give out about 1,000 fewer research grants and awards this year, affecting as many as 3,000 researchers.

According to Pew, in 2011 federal money accounted for more than $40 billion of the $65 billion universities spent on research. Like most other federal agencies, the National Institutes of Health must cut 5 percent of its budget to comply with sequestration. Because NIH funnels about 85 percent of its budget to researchers, it is already scaling back some grants, according to director Francis Collins. Meanwhile, the National Science Foundation, facing similar cuts, estimates it will give out about 1,000 fewer research grants and awards this year, affecting as many as 3,000 researchers.

America the Innovative?

The New York Times
Rob Atkinson points out that China is rapidly ramping up its research spending. “The Chinese have the ability to throw a lot of resources at this, and some will stick to the wall,” he says.

The Epistemic Sequester: Budget Cuts Kill an Important Statistical Program

April 1, 2013
| Blogs & Op-eds

After already slashing R&D funding, the Sequester is about to deliver another kick in the teeth to American competitiveness: it’s going to sharply reduce our ability to measure it. This one comes courtesy of the Bureau of Labor Statistics, whichannounced last month that the sequestration has forced it to eliminate itsInternational Labor Comparisons (ILC) program, a neat little database that adjusts foreign data to a common framework, allowing you to compare the traded sector health and competiveness of the United States against that of other countries.

Entitlements or Investment? Democrats Must Pick

March 27, 2013
| Blogs & Op-eds

In a piece for USA Today, Rob Atkinson argues that unless more older Americans work, pay taxes and take fewer benefits, the only realistic way to address the budget deficit will be more cuts in investment and core government programs.

Brainbox Nation

The Economist
Rob Atkinson is troubled by a number of related trends. America’s tax credit for R&D is relatively stingy, he notes, offsetting just 6% of the amount companies invest, compared with 14% in China and 29% in Denmark.
Syndicate content