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Friday, September 2, 2011

postheadericon The research and development gap

America is in grave danger of loosing its edge. For over one hundred years, American leadership in science, technology, engineering, and manufacturing has been unrivaled. It has created for us not only one of the highest standards of living any civilization has ever achieved, but also brought American preeminence in the world and a strong national defense.

Now, unfortunately, this is all at risk due to the lack of long-term planning, little political will, and slowing investment in science and engineering research.

As every business leader knows, prosperity tomorrow requires investment today. This is true whether the economy is in a period of boom or bust. The United States will not simply “grow” its way out of economic malaise. We need a rebirth of innovation: new products, new ways of doing things, new scientific achievements.

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