But not only is U.S. innovation policy disorganized, it is woefully underfunded. In 2006, the federal government spent a total of $2.7 billion, or 0.02 percent of gross domestic product, on its principal innovation programs and agencies. Compare that to the 0.07 percent of GDP Sweden spends, Japan’s 0.04 percent, and South Korea’s 0.03 percent investments.
A key way for the United States to improve productivity, create jobs, and grow the domestic economy over the long term is for the government to support the growth of regional centers of innovation. Yesterday morning, the Center for American Progress hosted an event, “Enabling Economic Recovery Through Innovation,” that explored policies for place-specific, technology-based economic development. But investment alone will not enable the next Silicon Valley—as panelist and former Chief Democratic Council to the U.S. House Committee on Science and Technology Jim Turner noted, “If we’re not organized, we’re going to fail.”
Joining Turner on the panel were CAP Senior Fellow Tom Kalil, Information Technology and Innovation Foundation President Rob Atkinson, University of Chapel Hill Public Policy Professor Maryann P. Feldman, and Richard Seline, CEO and Principal of New Economy Strategies.
Innovation is not distributed, noted Feldman, saying that “what makes the world interesting are spikes,” or areas with technological corridors and communities that serve as hubs of innovation. Speaking specifically about case studies assessing Silicon Valley, San Diego, and Route 128 in Massachusetts, Feldman said it was the creation of good infrastructure and the support for small and medium enterprises that helped the flow of innovative ideas. But even for less glitzy innovation outside of computer software and biotech, she explained the importance of place: Toledo, Ohio is in fact a world leader in photovoltaic technology.
Atkinson explained the comparative inadequacy of U.S. investment in innovation support, noting that to match the per-capita government contributions of Finland, the government would need to spend $34 billion a year. State and regional economies underinvest in innovation, he said, and his proposed solution is the creation of a National Innovation Foundation that would coordinate efforts across the country. Kalil also said that, “The capacity of the federal government to promote various kinds of innovation is not even distributed,”which was a coordination problem that Seline echoed.
While policymakers work to remove those federal barriers, Kalil explained that universities—often hubs of regional innovation—can shift priorities to enhance the innovation process by funding students and faculty with novel ideas and incorporating entrepreneurial principles across the curriculum. Young students, Seline explained, are excited about starting innovative projects not just to make money, but also to find solutions to societal problems.
| Center for American Progress
Frugal Innovations: when less is more
19.04.2017 | Fraunhofer-Institut für Arbeitswirtschaft und Organisation IAO
Europe's microtechnology industry is attuned to growth
10.03.2017 | IVAM Fachverband für Mikrotechnik
Staphylococcus aureus is a feared pathogen (MRSA, multi-resistant S. aureus) due to frequent resistances against many antibiotics, especially in hospital infections. Researchers at the Paul-Ehrlich-Institut have identified immunological processes that prevent a successful immune response directed against the pathogenic agent. The delivery of bacterial proteins with RNA adjuvant or messenger RNA (mRNA) into immune cells allows the re-direction of the immune response towards an active defense against S. aureus. This could be of significant importance for the development of an effective vaccine. PLOS Pathogens has published these research results online on 25 May 2017.
Staphylococcus aureus (S. aureus) is a bacterium that colonizes by far more than half of the skin and the mucosa of adults, usually without causing infections....
Physicists from the University of Würzburg are capable of generating identical looking single light particles at the push of a button. Two new studies now demonstrate the potential this method holds.
The quantum computer has fuelled the imagination of scientists for decades: It is based on fundamentally different phenomena than a conventional computer....
An international team of physicists has monitored the scattering behaviour of electrons in a non-conducting material in real-time. Their insights could be beneficial for radiotherapy.
We can refer to electrons in non-conducting materials as ‘sluggish’. Typically, they remain fixed in a location, deep inside an atomic composite. It is hence...
Two-dimensional magnetic structures are regarded as a promising material for new types of data storage, since the magnetic properties of individual molecular building blocks can be investigated and modified. For the first time, researchers have now produced a wafer-thin ferrimagnet, in which molecules with different magnetic centers arrange themselves on a gold surface to form a checkerboard pattern. Scientists at the Swiss Nanoscience Institute at the University of Basel and the Paul Scherrer Institute published their findings in the journal Nature Communications.
Ferrimagnets are composed of two centers which are magnetized at different strengths and point in opposing directions. Two-dimensional, quasi-flat ferrimagnets...
An Australian-Chinese research team has created the world's thinnest hologram, paving the way towards the integration of 3D holography into everyday...
24.05.2017 | Event News
23.05.2017 | Event News
22.05.2017 | Event News
26.05.2017 | Life Sciences
26.05.2017 | Life Sciences
26.05.2017 | Physics and Astronomy