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Drum Beating in Washington About Innovation and Competitiveness

Summer of 2005 has seen lots of buzz and hand wringing about the state of U.S. innovation and competitiveness, and the worry will extend into the fall:

Hearings: On July 21, the House Science Committee convened hearings on innovation and the U.S. economy. The Committee heard testimony from top executives from IBM, Cisco Systems, and Johns Hopkins University. They warned that the changing dynamics of the global economy and aggressive challenges from other nations are threatening America’s economic position. Witnesses called for more attention to innovation as a national priority, more focus on education, and robust investments in R&D.

National Summit on Innovation: House Science Committee Chair Boehlert, Subcommittee Chair Ehlers, and House Appropriations Subcommittee Chair Wolf are driving development of a National Innovation Summit to be held in December. The Summit will bring together leaders in business and academia to discuss the Nation’s innovation challenges and help chart a course for the future.

Promises of Legislation: On July 20, Senators Lieberman, Ensign, Allen, and Salazar announced their intention to introduce comprehensive legislation to ensure that the United States remains the lead in innovation, R&D, and the training of scientists and engineers. The new legislation is to be based on the Council on Competitiveness National Innovation Initiative Report, and would increase Federal support for research, and “address” the U.S. innovation infrastructure. By the end of August, no legislation had been introduced.

New Study: Senators Alexander and Bingaman asked the National Academy of Sciences to convene a panel of “best minds” in the scientific and technical community to perform a quick turn-around study that answers certain questions about U.S. innovation, competitiveness, and globalization. The project—Prospering in the Global Economy of the 21st Century: An Agenda for American Science and Technology—is aimed at identifying the top ten actions the Federal government can take to strengthen the science and technology enterprise, so that the United States can compete and prosper in the new global economy. The panel met in August, and a report is due at the end of September.

Urging the President: In May, House Appropriations Subcommittee Chairman Frank Wolf wrote the President, encouraging him to triple the Nation’s investment in innovation over the next decade.

TechVision21 Inside View: Rumor has it that a subsequent letter exchange bordered on the exasperated.

TechVision21 Inside View: What’s to become of all this Washington hubbub? We may see some crumbs thrown at physical sciences and engineering R&D — they’ve lobbied hard for it. And we may see some small increases in math and science education, and support for students who study in these fields. But not much more, the funds aren’t there. The war against terrorism and operations in Iraq continue to put the hard squeeze on the Federal discretionary budget, not to mention the unanticipated expense of handling the Gulf coast disaster.

For more information on any of these Administration initiatives, and how they may affect your organization, please contact us at info@techvision21.com or (202) 263-0168.


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