America COMPETES Act
Monday, August 13, 2007 Before adjourning for its August recess, Congress passed the America COMPETES Act (Creating Opportunities to Meaningfully Promote Excellence in Technology, Education, and Science). The bill includes budget increases for the National Science Foundation, the Department of Energy's Office of Science, and the Department of Commerce National Institutes of Standards and Technology laboratories.
Here is a summary.
The America COMPETES Act is based on portions of the broad recommendations contained in both the Rising Above the Gathering Storm report conducted by the National Academies, and a report by the Council on Competitiveness titled Innovate America.
The National Academies issued four primary recommendations:
• Increase America’s talent pool by vastly improving K-12 science and mathematics;
• Sustain and strengthen the nation’s traditional commitment to long-term basic research that has the potential to be transformational to maintain the flow of new ideas that fuel the economy, provide security, and enhance the quality of life;
• Make the United States the most attractive setting in which to study and perform research so that we can develop, recruit, and retain the best and brightest students, scientists, and engineers from within the United States and throughout the world; and
• Ensure that the United States is the premier place in the world to innovate; invest in downstream activities such as manufacturing and marketing; and create high-paying jobs based on innovation by such actions as modernizing the patent system, realigning tax policies to encourage innovation, and ensuring affordable broadband access. posted by Ed Morrison |