Volume 90 Issue 3 | p. 11 | News of The Week
Issue Date: January 16, 2012

Commerce Department Report Urges Increased Investments To Boost U.S. Innovation, Economic Competiveness

Department: Government & Policy | Collection: Economy
Keywords: economic competitiveness, innovation, STEM education, America Competes

The innovative capacity and economic competitiveness of the U.S. are declining, concludes a Jan. 6 report by the Department of Commerce. To reverse the trend, the report urges Congress to boost investments in three areas: basic R&D; education in science, technology, engineering, and mathematics (STEM); and infrastructure such as a modern electrical grid and broadband Internet access.

“Federal funding for basic research, education, and infrastructure has simply failed to keep pace with economic growth,” Commerce . . .

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