US Policy Changes Vol.10 (R&D Vol.1)

Here are articles on R&D. Excerpts are on our own.

Historical Trends in Federal R&D | @aaas

R&D Budgets | @whitehouseostp

Bill Gates Calls on the U.S. Government To Invest More in R&D (4/18/2016) | @clairezillman @FortuneMagazine

Trump Win Roils Technology Sector (11/9/2016) | @rickbmerritt @eetimes
… The Semiconductor Industry Association has long advocated free trade such as the Trans Pacific Partnership and other trade deals and relaxed immigration for foreign nationals with advanced STEM degrees. …
… Dozens of tech executives, investors and engineers including Vint Cerf, Irwin and Paul Jacobs, Vinod Khosla and Steve Wozniak posted an open letter opposing Trump prior to yesterday’s vote. …

Here’s how a Trump presidency could affect U.S. biomedical R&D (11/16/2016) | @trueviralnews
…@FASEBopa…
… The future also remains uncertain for funding for specific medical research programs spearheaded by President Obama’s administration, like the BRAIN Initiative, Precision Medicine Initiative, and Cancer Moonshot…

Trump, Republican victory to boost biotech M&A (11/11/2016) | Ben Adams @reuters
… There’s been a gap between what acquirers and shareholders are willing to pay for a biotech company and what the company’s board thinks it’s worth…
…he will “Advance research and development in healthcare” and “Reform the Food and Drug Administration, to put greater focus on the need of patients for new and innovative medical products,”…

What will science funding look like under Trump? Here’s one prediction. (11/14/2016) | @bradplumer @voxdotcom
… The federal government currently spends $150 billion or so per year on research and development (R&D), funding one-third of all science in this country — everything from cancer research to the fundamentals of cell biology to solar power to supersonic flight to how to reduce fertilizer use. …
…@MattHourihan, the director of the R&D Budget and Policy Program for @aaas… tweets

Trump and Science: The president-elect’s statements suggest a practical outlook, which makes a welcome contrast with Barack Obama’s crusading spirit. (11/14/2016) | John Tierney ‏@CityJournal
…@SciDebate… Instead of promising to install a half-billion new solar panels, as Clinton promised to do, Trump offered the kind of perspective found in the Copenhagen Consensus, a group of prominent economists who have concluded that other problems are far more pressing than climate change.

What does Trump’s presidency mean for the tech industry? (11/10/2016) | ‏@BIIntelligence

Surge in R&D Spending Burnishes U.S. Image as Innovation Nation (3/26/2015) | @mljamrisko @business
… Pharmaceutical companies were some of the biggest spenders on R&D in 2012, running up a $48.1 billion tab…@NSF… The information industry — including publishing, telecommunications and data processing — shelled out $46.8 billion, while transportation-equipment makers spent about $42.3 billion.
Caterpillar Inc., the world’s biggest maker of construction machinery, plans to boost R&D spending in 2015 for a third year even as sales probably will decline…
… The U.S. is a leader in R&D spending in part because some 70 percent of venture capital money is based here… This is “another good barometer of how innovation-oriented a particular region is,”…
… “Diminishing returns have set in,” as the workforce shrinks because of the retirement of baby boomers, educational attainment remains low, inequality widens and federal debt balloons due to entitlement programs, (Robert) Gordon (@NorthwesternU) wrote in a February 2014 research paper titled “The Demise of U.S. Economic Growth.”
Loretta Mester, president of @ClevelandFed…@business_econ… she’s “not a structural-stagnation kind of person,” citing the theory which argues the economy is trapped in a prolonged period of sub-par growth.
“Productivity growth is low now, but I think it’s going to come back,”… “It’s hard for me to believe that all of the things going on in the technology realm and the biotechnology realm are not going to lead to stronger productivity and better standards of living for us.”
…@NFIB…
“I don’t think all the gains from technology have been exhausted,”… “The fact that R&D spending is rising is a sign that firms are willing to take risks and all the good things have yet to be invented.”

U.S. R&D: A troubled enterprise (5/28/2016) | @scott_andes,@markmuro1 @brookingsinst