Tech Vendors To Congress: More R&D Help, Please - InformationWeek
IoT
IoT
News
News
7/25/2005
03:32 PM
50%
50%
RELATED EVENTS
Faster, More Effective Response With Threat Intelligence & Orchestration Playboo
Aug 31, 2017
Finding ways to increase speed, accuracy, and efficiency when responding to threats should be the ...Read More>>

Tech Vendors To Congress: More R&D Help, Please

During last week’s hearings about U.S. competition issues, an IBM executive called for more tax incentives and other measures to help boost American innovation.

WASHINGTON — Technology innovation and targeted federal R&D investments are critical to U.S. competitiveness in a global economy, industry executives told Congress.

“Innovation has become the new arbiter of national competitiveness. We must recognize innovation as a national priority,” Nicholas Donofrio, IBM Corp.’s executive vice president for innovation and technology, told the House Science Committee during a July 21 hearing on U.S. competitiveness. “The challenge is not only to generate fresh ideas and intellectual property, but to transform ideas and intellectual property into new value.”

The hearing was called to examine growing concerns that the U.S. is losing its competitive advantage. A host of technology groups have called for greater federal support for research and development along with science and engineering education.

Industry groups have also launched a National Innovation Initiative to highlight their concerns and develop an action plan to promote innovation.

In his testimony, Donofrio proposed the creation of a White House office to serve as a focal point for coordinating U.S. innovation policies. He also called for new tax incentives to provide scholarships for future scientists and engineers along with overhauling immigration policies to attract and retain engineering talent from around the world.

Industry groups have also called for shifting more federal R&D funding for basic research projects with greater risk but bigger technological rewards. “The United States is on the cutting edge of global competition because of our past investments in science and technology,” Rep. Vernon Ehlers, R-Mich, a ranking member of the science panel, said in a statement. “Whether we remain in that position depends on how well we understand the drivers of innovation and how we choose to respond.”

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
IT Strategies to Conquer the Cloud
Chances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll