The US remains the global leader in total R&D spending, yet its lead in advancing science and technology is being challenged by countries like China, and its international competitiveness is waning. One primary reason is that the federal government’s contribution to basic research has been declining steadily for decades and has increasingly shifted toward private business.
However, the private sector cannot be left to fill in the gaps left by the federal government. Policymakers can make bolder, riskier investments that deliver breakthroughs in general purpose science and technologies that, in turn, can increase American innovation and competitiveness. Substantial research activities and a specialized workforce will be fundamental if the US wants to return to being the uncontested leader in science and engineering.
As an attendee of this webcast, you will learn:
Who Should Attend: Business executives and public policy leaders who are seeking to learn more about trends in R&D and the role of basic research expenditures in spurring innovation and economic growth.
Former Senior Economist, Committee for Economic De…
The Conference Board
Policy Watch explores relevant topics where business meets US domestic policy. Join experts at the Committee for Economic Development of The Conference Board and prominent policy makers as they dissect the impact of timely decisions from the nation's capital.
This On-Demand Webcast is Complimentary.