Researchers and others say corporate and public nurturing of inventors and research is faltering and the U.S. patent edge may begin to fade.
Leading scientists, corporate executives and educators write in a new report — Rising Above the Gathering Storm: Energizing and Employing America for a Brighter Economic Future — that the scientific and technical building blocks of U.S. economic leadership are eroding at a time when those of many other nations are gathering strength, the New York Times reported.
The report, by the National Academy of Sciences, recommends enhanced math and science education in primary and high school, as well as the creation of a more hospitable environment for scientific research and training at the college and graduate levels. It also calls for an increase in federal funds for basic scientific research, tax incentives and fostering of high-paying jobs in groundbreaking industries.
China and India may be poised to usurp America’s leadership in innovation and job growth, the report concluded.