Basic research critical to America's economi... (ased research. In many areas of th...)

Basic research critical to America's economic recovery

Date:2/11/2009

ased research.

In many areas of the country, research universities also have an immediate and direct impact on the economy. As the attached list illustrates, research universities are often among the largest employers in their regions and the source of significant local economic stimulus. Through incubators and innovative technology development and licensing programs, research universities support the development of hundreds of start-up and spin-off companies each year. Additionally, leading universities and research facilities attract research-intensive industries, leading to further economic development and quality job creation in communities around the country.

"Funding for research grants and science infrastructure fits perfectly with the goals of the American Recovery and Reinvestment Act," Andresen said. "It immediately creates jobs and stimulates economic activity in communities around the country. And through discovery and innovation, it will help America solve the problems at the root of our economic crisis. We urge Congress to include strong funding for the science agencies in its final legislation."

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Contact: Ashley Prime
aprime@qga.com
202-251-9354
The Science Coalition
Source:Eurekalert

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Basic research critical to America's economi...(ased research. In many areas of th...)