
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.

Act4Chemistry Blog Post – comment on this briefing
Contact Science & the Congress Briefing Series
The American Chemical Society Science & the Congress Project and Corporation Associates
|
Anne DeMasi Hazard Communication & Regulatory Specialist Rohm and Haas Company (moderating) Email | Biography |
|
|
Stephen Merrill Executive Director National Research Council’s Board on Science,Technology and Economic Policy Email | Biography |
|
|
Fred Block Professor of Sociology University of California at Davis Email | Biography Webpage |
|
|
James Stevens Research Fellow The Dow Chemical Company Email | Biography |
|
|
W. Shannon McCool Chairman and CEO RxBio, Inc. Email | Biography |
Examples of Federally-Funded Research in Current Products