You can read or listen to this item at the link above from NPR’s Marketplace. They said:
“With budget-conscious universities cutting funding for high-tech research, potential breakthroughs that could stimulate the economy are being put on the back burner”
Since the mid 1950s government investment in basic research has been declining. And large technology corporations, which had been contracting with US universities for their basic research needs, have been moving offshore.
If the US wants to regain its global leadership in technology IP, investment in basic research needs to increase; and that research needs to be conducted at and by US based institutions.
Post written by Peter Bloch, consultant to CAS-IP