Congress this week takes important steps toward investing in applied
innovation. We have known for decades, of course, that federal support
for research and development can lead to scientific discoveries and new
technologies that can solve some of the country’s most pressing
problems. But as House members hear testimony tomorrow from innovation
experts and consider a batch of bills that will fund
important research at the Department of Energy on Thursday, they
will have the opportunity to embrace a new approach to innovation
championed by the Obama administration.
These new policies ensure that scientists, engineers, and taxpayers alike get the most out of those federal investments in basic research and development by taking what researchers know about the process of moving ideas from the lab to the market and linking universities, businesses, and the government in an effort to grow regional economies. The first steps begin on Wednesday, when the Subcommittee on Technology and Innovation of the House Science and Technology Committee will hold a hearing on “Supporting Innovation in the 21st Century Economy.” Then on Thursday, the full committee will markup bills authorizing the Advanced Research Projects Agency-Energy, R&D programs within the DOE Office of Science, and DOE’s Energy Innovation Hubs program.
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