SSTI commentary: What is a fair share of R&D? A closer look at benchmarking
Would you expect a community of 100,000 people to have less than one-half as much R&D activity as a community with 250,000 residents? Such a simple question cannot be considered without more information. You may ask which two communities are being compared.
Would you expect a community of 100,000 people to have less than one-half as much R&D activity as a community with 250,000 residents? Such a simple question cannot be considered without more information. You may ask which two communities are being compared. Would your answer be different if you learned the smaller community was a college town with a research-intensive university as its core economic engine, while the second community was largely a distribution hub and didn’t have a similar R&D asset?* Yet politicians, pundits, media and even policymakers often benchmark cities, regions and states on incomplete or irrelevant information.
House Science Committee advancing R&D changes
The U.S. House Science Committee released a letter last week reasserting the majority party’s interest in setting R&D priorities for federal science agencies and supporting appropriation levels that generally align with the White House’s budget blueprint. The letter notes priorities for most of the $42 billion in R&D budgets within the committee’s purview.
Bipartisan legislation would provide $110 billion for R&D, regional innovation
A bipartisan, bicameral group of legislators have introduced bills that would make a five-year commitment to increase America’s investment in R&D by $100 billion, while also investing $10 bi
Congressional moves to increase R&D
While President Biden’s infrastructure proposal with heavy investments in science, technology and innovation garnered most of the press attention in the last week, a number of other developments occurred in or impacting federal policy, including: