Innovation-Based Economic Security
The US is at a crossroads in science and technology policy. Since the end of World War II, US government support for the creation and dissemination of new science and engineering knowledge has been justified on the grounds that it addresses health, environmental, and other major social challenges sh...
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Published in | Issues in science and technology Vol. 37; no. 4; pp. 44 - 47 |
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Main Authors | , |
Format | Journal Article |
Language | English |
Published |
Washington
Arizona Board of Regents for Arizona State University
01.07.2021
Issues in Science and Technology |
Subjects | |
Online Access | Get full text |
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Summary: | The US is at a crossroads in science and technology policy. Since the end of World War II, US government support for the creation and dissemination of new science and engineering knowledge has been justified on the grounds that it addresses health, environmental, and other major social challenges shared by nations around the world; fosters both national and global economic growth and development through innovation; and strengthens national security. The rapid growth and integration of global capabilities caught the US, long accustomed to being dominant in both science and innovation, off guard. The rise of China as a science and engineering powerhouse, as well as an overt economic and geopolitical strategic competitor to the US, has alarmed US politicians and policymakers. Policy discussions about "decoupling" from Chinese science and engineering, and multi-billion dollar proposals for US government domestic R&D investment to achieve an ill-defined "win" in an innovation competition with China, ignore the reality of globally networked scientific and engineering capabilities and innovation processes. |
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ISSN: | 0748-5492 1938-1557 |