The Nature of US Innovation: The Federal Role
December 2, 2008, Noon -1:30 p.m.
B-354 Rayburn House Office Building
Innovation, the creative power that spurs new technologies, products and processes, is vital for the United States to maintain its economic leadership and preeminence in science and technology, and for continued advances in our quality of life. The federal government's support for research and development, always an important component of US innovation, has grown increasingly more essential over the last two decades. Understanding the innovation system is crucial for crafting federal policies that enhance, rather than hinder, the growth of the US economy. This briefing will explore recent findings on the innovation system and illustrate various models of how federal funding of R&D leads to better products and improved processes.
Hazard Communication &
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