The Endless Frontier The Next 75 Years in Science (2020) / Chapter Skim
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7 From Basic Research to Innovation and Economic Growth
7 From Basic Research to Innovation and Economic Growth
Pages 28-33
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From page 28... ...
Turning to financial capital, total public and private spending for R&D as a percentage of GDP has remained relatively constant for about half a century, even as the role of science and technology in the economy has exploded. At the same time, American industry has shrunk or shuttered most of its finest Norman Augustine, Former Chairman and Chief Executive research laboratories and China has surpassed Officer, Lockheed Martin Corporation 28
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From page 29... ...
companies to The Case for Increased establish their research laboratories abroad, even as mismatches between the interests Federal Research Funding and procedures of universities and industry hinder the translation of new ideas from basic In providing government funding for research into new products. research, policy makers want to know the Looking ahead, Augustine concluded value proposition -- the benefits versus that "we're going to need to streamline the costs.
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From page 30... ...
That's the same thing we have to do again today." -- Shirley Tilghman, Professor of + Molecular Biology and Public Stability Amid Complexity Affairs and Former President, Princeton University Shirley Tilghman, professor of molecular biology and public affairs and former president large projects like particle colliders and the at Princeton University, said that the basic Human Genome Project are needed to advance principles described in Science, the Endless the frontiers in some fields of science. Frontier remain valid today, even if "they are A key point on which the Bush report was no longer sufficient because the world is prescient, Tilghman remarked, was the need so much more complicated." Despite these to link the education of graduate students to complications, investing in basic research is federal funding of research.
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From page 31... ...
"Now we can start building with these Hrabowski pointed out, even today more building blocks, and clearly this will impact than two-thirds of Americans have never had society and our economy even more strongly anyone in their family graduate from college. than in the past 75 years." Transformational This lack of opportunities for a substantial ideas emerging from research laboratories fraction of the population undermines trust in may even reverse some of the negative effects science and discourages broader participation that advances in science and technology have in research.
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From page 32... ...
We have not brought Over the next 75 years, the faculty at colleges the rigor of analysis to those and universities must focus on people "who issues when talking about are different from them. It is the only way we will begin to reflect America." the execution and + implementation of these ideas, and most important Broadening the Definition when talking about of Scholarly Value evaluation." Finally, Laurie Leshin, president of Worcester -- Freeman Hrabowski, President, Polytechnic Institute (WPI)
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From page 33... ...
The question now, said Leshin, is how to bring science and STEM education closer to societal needs to strengthen the social contract at the heart of Bush's report. One way this is done at WPI, where almost every student receives a STEM degree, is to have all students work on problems that reside at the intersection of science and society and are embedded in communities all over the world.
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