Academy of Arts & Sciences Outlines Plan to Restore American Research Competitiveness

As American spending on research relative to GDP dwindles, the system that generated America’s economic prosperity over the past century has begun to fall apart, according to a new report from the American Academy of Arts and Sciences. The Academy calls the disintegration of the country’s national innovation system the key threat to American prosperity. The authors propose several strategies to address the issue, including renewed federal investment in basic research, policy solutions to ensure that the benefits of R&D are maximized and widespread, and strengthening government-industry-university partnerships. Download the report…