University Research Funding: Still Lagging Behind and Showing No Signs of Improvement

Wednesday, May 7, 2014 - 11:00 AM to 12:00 PM
325 Russell Senate Office Building
2 Constitution Ave NE
Washington, DC 20510
Add to Calendar07-05-2014 11:00:0007-05-2014 12:00:0015University Research Funding: Still Lagging Behind and Showing No Signs of ImprovementDD/MM/YYYY

It will come as a surprise to many that America is no longer, and nowhere near, the lead nation in terms of funding university research. In fact, as ITIF has reported, of 39 nations, the U.S. ranks just 24th in government funding of university R&D and 27th in business funding as a share of GDP. Furthermore, the leading seven nations invest more than double the United States in university research. Given the importance of universities to the innovation ecosystem, these findings do not bode well for future U.S. competitiveness and economic growth.

Please join ITIF for an expert panel discussion which will examine the current state of investment in university R&D and the policy reforms that are required to improve our international position and strengthen innovation, technology transfer and business and job growth.

Robert D. Atkinson
Information Technology and Innovation Foundation
William B. Bonvillian
MIT Washington Office
Kathleen Kingscott
Senior Director, Strategic Partnerships
IBM Research