On March 16th we noted that US government funding for university research had been declining, and how this might impact out ability to maintain a lead in innovation. According to a recent study conducted by the Boston Consulting Group and the National Assn. of Manufacturers, the US has lost its lead and now ranks only 8th in a list of “Innovation-Friendly Countries”: (See lead link and scroll down to “Innovation Nations” or to view the whole report click here)
Will increased investment in alternative energy technologies by government and the private sector reverse this trend? Possibly so. But the US is also slipping way behind in high school math and science proficiency.
Post written by Peter Bloch, consultant to CAS-IP