Capitalizing on Investments in Science and Technology (1999) / Chapter Skim
Currently Skimming:
5 Recommendations
5 Recommendations
Pages 52-58
The Chapter Skim interface presents what we've algorithmically identified as the most significant single chunk of text within every page in the chapter.
Select key terms on the right to highlight them within pages of the chapter.
From page 52... ...
It also extends that assertion, however, with the following observation: If the United States is to optimize the returns on its research investments, it must maintain effective mechanisms to capitalize on research that is, to transform the fruits of research into national benefits. On the whole, the United States has succeeded both in performing research at very high levels across all major fields and in capitalizing on that research for the benefit of society.
|
From page 53... ...
Strong private and public support has allowed the United States to remain at the frontier across all fields. Diversity in terms of missions, funding sources, time horizons and performing institutions has encouraged the development of superior human resources and infrastructure that have contributed to capitalization.
|
From page 54... ...
Recommendation 2: Maintain a favorable economic and regulatory environment for capitalizing on research Assessment One of the reasons the United States has been so effective at capitalizing on research is that it maintains a relatively favorable environment of economic con ditions, regulatory laws, tax structures, and access to capital. Recently, the capitalizing climate has been especially favorable because of the availability of venture 54 Capitalizing on Investments in Science and Technology
|
From page 55... ...
Institutions may even assist faculty in iTrends that would point to a faltering pace of capitalization in the United States might include (1) the emergence of large, persistent mismatches in the supply of and demand for science and engineering talent across a wide range of fields; (2)
|
From page 56... ...
Recommendation 3: Regard the education and training of scientists and engineers as an essential ingredient for capitalizing on research Assessment It goes without saying that discovering new knowledge depends on human resources well-educated scientists and engineers. It is less apparent that those same scientists and engineers often play equally important roles in capitalizing on research developing it, applying it, transforming it into applications of value to society.
|
From page 57... ...
Although many students benefit from this close association with a single advisor, others would benefit from more autonomy in choosing courses, research projects, and perhaps off-campus internships. Federal agencies should continue recent efforts to adjust their funding mechanisms to encourage more innovative approaches to advanced science and engineering edu .
|
From page 58... ...
Now that the role of the federal government as guaranteed purchaser has diminished, it has the opportunity to create a new role as facilitator, Sunder, collaborator, and information resource for both industry and academia. It can make long-term investments in a "knowledge-based infrastructure" the capacity of the entire system of private entrepreneurship, human resources, investment, and advancing frontiers of technical knowledge.
|
Key Terms
This material may be derived from roughly machine-read images, and so is provided only to facilitate research.
More
information on Chapter Skim is available.