Bipartisan push for US$100 billion investment in science – University World News

UNITED STATES

The Endless Frontier Act was introduced by Senate Minority Leader Chuck Schumer (Democrat, New York), Senator Todd Young (Republican, Indiana), Representative Ro Khanna (Democrat, California) and Representative Mike Gallagher (Republican, Wisconsin).

The preamble to the act warns that although the United States has been the unequivocal global leader in scientific and technological innovation since the end of World War II, and as a result the American people have benefited through good-paying jobs, economic prosperity and a higher quality of life, today this leadership position is being eroded.

Far too many of our communities have tremendous innovation potential but lack the critical public investment to build the nations strength in new technologies, while our foreign competitors, some of whom are stealing American intellectual property, are aggressively investing in fundamental research and commercialisation to dominate the key technology fields of the future.

It says: Without a significant increase in investment in fundamental scientific research, education and training, technology transfer and entrepreneurship, and the broader US innovation ecosystem across the nation, it is only a matter of time before Americas global competitors catch-up and overtake the US in terms of technological primacy: whichever country wins the race in key technologies such as artificial intelligence, quantum computing, advanced communications, and advanced manufacturing will be the superpower of the future.

The bill argues that the US government needs to catalyse US innovation by boosting investments in the discovery, creation and commercialisation of new technologies that ensure American leadership in the industries of the future.

The bill would rename the National Science Foundation (NSF) the National Science and Technology Foundation (NSTF) and task a new deputy director with executing the new funding of fundamental research related to specific recognised global technology challenges with geostrategic implications for the United States and create within it a Technology Directorate.

The authorisation for the new directorate would be US$100 billion over five years to reinvigorate American leadership in the discovery and application of key technologies that will define global competitiveness.

Connecting disadvantaged populations

An additional US$10 billion would be authorised over five years for the Department of Commerce to designate at least 10 regional technology hubs, awarding funds for comprehensive investment initiatives that position regions across the country to be global centres for the research, development and manufacturing of key technologies.

There would be a drive to connect disadvantaged populations and places to new job and business opportunities developing key technologies.

Peter McPherson, president of the Association of Public and Land-grant Universities which comprises 239 public research universities, land-grant institutions, state university systems, and affiliated organisations said: Public research universities applaud Senators Schumer and Young and Representatives Khanna and Gallagher for their work across the aisle to bolster US discovery and innovation.

The Endless Frontier Act, whose name is taken from a 1945 report that issued a clarion call for what would become the National Science Foundation, serves as a key step in driving US global scientific leadership in the 21st century.

Now more than ever, we need a national commitment to science and research on a grand level. Research and innovation can create new sectors of the global economy, drive economic recovery from the COVID-19 pandemic, and ultimately deliver long-term economic growth.

The Science Coalition, which represents more than 50 leading public and private research universities, issued a statement saying: In recent years, America has fallen behind its global counterparts in overall support and funding for fundamental scientific research, and this imbalance jeopardises our global economic competitiveness and our national security.

These lawmakers are right to prioritise funding for NSF and a new generation of cutting-edge research and technology. We commend their commitment to our researchers and STEM workforce pipeline that would chart a new course for American science and innovation.

According to the bill, the new directorate would fund research in the following areas:

Artificial intelligence and machine learning; High performance computing, semiconductors and advanced computer hardware; Quantum computing and information systems; Robotics, automation and advanced manufacturing; Natural or anthropogenic disaster prevention; Advanced communications technology; biotechnology, genomics and synthetic biology; Advanced energy technology; Cybersecurity, data storage and data management technologies; and Materials science, engineering and exploration relevant to the other focus areas.

The authorised activities would include:

Increases in research spending at universities, which can form consortia that include private industry, to advance US progress in key technology areas, including the creation of focused research centres.

New undergraduate scholarships, industry training programmes, graduate fellowships and traineeships and post-doctoral support in the targeted research areas to develop the US workforce.

The development of test-bed and fabrication facilities.

Programmes to facilitate and accelerate the transfer of new technologies from the lab to the marketplace, including expanding access to investment capital.

Planning and coordination with state and local economic development stakeholders and the private sector to build regional innovation ecosystems.

Increases in research spending for collaboration with US allies, partners and international organisations.

McPherson said the bill was needed to enable the US to compete with global rivals.

Federal investment in R&D has languished in recent decades. As a share of the economy, its a third of what it was at its peak. China, and other countries, meanwhile, have vastly expanded their investments in research and development, he said.

The current pandemic has underscored the critical need to redouble public investment in research and development. We must ensure more of these innovations and advancements take place in the US rather than elsewhere around the globe, he added.

This bill would not only advance US innovation, but also would help ensure the fruits of innovation are broadly shared. Investing in research across the country and in critical sectors such as quantum computing, biotechnology and robotics will help secure our place as home to the worlds most dynamic and advanced economy, McPherson said.

See the original post here:

Bipartisan push for US$100 billion investment in science - University World News

Related Posts

Comments are closed.