Basic research is a critically important—yet often undervalued—source of American economic growth and prosperity. Advances in fundamental science and engineering knowledge resulting from basic research have made possible most of our recent technological progress and the resulting improvements in incomes and quality of life.
However, competing demands for scarcer federal dollars, shifting economic and social priorities, political pressures, and short-term corporate earnings pressures pose long-term threats to the continued strength of America's basic research and its contributions to our prosperity.
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Reports
Sunday, January 18, 1998
America's Basic Research
Prosperity Through Discovery (1998)
This report focuses on basic research -- the experimental or theoretical work intended to advance science and engineering knowledge rather than develop... read more
CED, the Committee for Economic Development is an independent, nonpartisan organization for business and education leaders dedicated to policy research on the major economic and social issues of our time and the implementation of its recommendations by the public and private sectors.