As the ongoing financial crisis has clearly illustrated, the top priority for the next President will be addressing the nation's severe economic crisis. Believing that expanding the nation's commitment to basic scientific research is one of the most important actions the next President can take to ensure our long-term fiscal health, The Science Coalition today distributed 10 suggested questions (attached) to the moderator of tomorrow's presidential debate. Answers to the questions, which also have been provided to the presidential campaigns, will help voters understand the candidates' positions on a variety of issues related to federal support of basic scientific research.
How is basic research part of the solution to our economic problems? More than half of U.S. economic growth in the past 60 years can be traced to science-driven technological innovation. The source of much of this innovation was university-based scientific research, supported by the federal government through institutions such as the National Institutes of Health, Department of Energy, Department of Defense, and the National Science Foundation. Two examples will help make the connection. The U.S. biotech industry, a $70 billion engine of growth, would not exist without a long background of basic research. The path-breaking findings that made recombinant DNA technology feasible were discovered at leading U.S. universities. University technology transfer overall adds billions of dollars to the economy each year. In 2006 alone, 553 new startup companies were launched as a result of university technology transfer.
More importantly, if the United States is to successfully address many of the challenges we face from energy independence to climate change to health care to growing a workforce that will enable America to compete a global innovation economy then it must invest in the basic research that will enable discovery and innovation.
Several of the attached q
|Contact: Ashley Prime|
The Science Coalition