The United States has the most dynamic private sector in the world, with entrepreneurs, investors, big companies, and capital markets all eager to license technologies and launch start-ups. Those ventures, however, are often driven by technologies that come from basic research funded by the federal government. But we’re falling behind--the Chinese Communist Party has already surpassed the U.S. in total R&D spending. We must quickly invest in American basic research and the development of technologies of the future across sectors to ensure our leadership in science—along with our national security—is not compromised.
More on Research & Technology
|6/9/21||Opening Statement of Ranking Member Michael Waltz at Research & Technology Subcommittee Hearing on Regional Innovation Economies|