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Building R & d policy from strength.

R W Schmitt

    Science (New York, N.Y.)
    |June 3, 1983
    PubMed
    Summary
    This summary is machine-generated.

    Leverage existing strengths in venture capital, research universities, and high-tech industry to advance national research and development. Focus on proven foundations rather than untested initiatives for future innovation.

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    Area of Science:

    • Science and Technology Policy
    • Innovation Ecosystems
    • National Research and Development

    Background:

    • Numerous proposals exist for novel national research and development (R&D) initiatives.
    • A critical evaluation of the existing R&D system's foundational strengths is necessary before adopting new approaches.

    Purpose of the Study:

    • To advocate for building upon established strengths within the national R&D system.
    • To emphasize the strategic utilization of existing assets for future innovation and development.

    Main Methods:

    • Analysis of current national R&D infrastructure.
    • Identification of key contributing factors to past R&D success.

    Main Results:

    • The nation possesses a highly favorable venture capital climate.

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  • World-class research universities provide a strong academic foundation.
  • An aggressive, high-technology industrial base driven by competition exists.
  • The defense sector offers significant potential as a resource for civilian R&D.

    • Conclusions:

    • Future R&D strategies should prioritize and integrate existing strengths.
    • Building upon proven assets is more effective than pursuing unproven methods.
    • Synergies between venture capital, academia, industry, and defense can propel R&D forward.