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Investing in Innovation: Creating a Research and Innovation Policy That Works

Investing in Innovation: Creating a Research and Innovation Policy That Works

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"Professor Branscomb and his coauthors are to be complimented for well-crafted presentations of many points of view on a national innovation policy. Their book is an excellent contribution towards an improved national policy in this essential area." -- Senator Pete Domenici (R-NM)

Shortly after taking office in 1993, President Bill Clinton and Vice President Al Gore called for a shift in American technology policy toward an expansion of public investments in partnerships with private industry. The authors of this volume were invited by the Clinton administration to take a hard, nonpartisan look at how successful the new policies have been and to propose ways to make their programs more effective. The first summary report of the team's recommendationswas called the "hottest technology policy property on Capitol Hill."

This book, an expansion of that report, offers a new set of technology policy principles. The authors use the principles to evaluate many federal research programs and to make recommendations for change. This volume will set the terms of the debate over the national research and innovation policy for years to come.