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1 INTRODUCTION AND OVERVIEW
Pages 1-6

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From page 1...
... , and President Obama's general emphasis on the contribution of science and technology to economic growth have all heightened interest in the role of scientific and engineering research in creating jobs, generating innovative technologies, spawning new industries, improving health, and producing other economic and societal benefits. Along with this interest has come a renewed emphasis on a question that has been asked for decades: Can the impacts and practical benefits of research to society be measured either quantitatively or qualitatively?
From page 2...
... . He asked the National Academies to look into a variety of complex and interconnected issues, such as the shortterm and long-term economic and non-economic impact of federal research funding, factors that determine whether federally funded research discoveries result in economic benefits, and quantification of the impacts of research on national security, the environment, health, education, public welfare, and decision making.
From page 3...
... The views contained in this summary are those of individual workshop participants and do not represent the views of workshop participants as a whole, the organizing committee, STEP, COSEPUP, or the National Academies. The summaries of the workshop discussions have been divided into eight chapters.
From page 4...
... As President Obama has said, we're in need of another Sputnik moment. According to the World Economic Forum's latest Global Competitiveness Report, the United States ranks fourth in global competitiveness behind Switzerland, Sweden, and Singapore.
From page 5...
... We're facing a time of serious budget pressure and, perhaps more serious, political pressure that could imperil the support and funding for federal research and development. Some people are suggesting significant cuts for agencies like NSF, NIST, DOE, NIH, NASA, and EPA.


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