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Information Technology Innovation Resurgence, Confluence, and Continuing Impact (2020) / Chapter Skim
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Executive Summary
Pages 1-4

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From page 1...
... This work has dispelled the assumption that the IT sector is self-sufficient by highlighting how government-funded university research, sometimes through long incubation periods of years and even decades, has been instrumental to the sector's commercial success. This report extends the earlier work by describing key patterns in how research over time has significant cumulative impact and exploring the ultimate impacts of IT innovation on major U.S.
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From page 2...
... INFORMATION TECHNOLOGY RESEARCH AS A PARTNERSHIP The United States fosters a unique and powerful range of research investment and partnerships that have made it a global leader in IT. • The federal government plays an essential role in sponsoring fundamental research in IT, largely based in universities, because its investments in long term, basic research are an essential complement to industrial research, which reflect different incentives, resulting in differences in style, focus, and time horizon.
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From page 3...
... University research provides formative experiences for those who go on to work in industrial research and development in IT and other sectors. • Open-source projects initiated by both universities and companies are important mechanisms for capturing, combining, and refining research results and making them available in usable form and at low cost to com panies, to subsequent university research, and to other organizations.
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From page 4...
... THE ECONOMIC PAYOFF OF RESEARCH Figure 2.1 illustrates the phenomena and lessons summarized above. The left side of the figure shows how fundamental research in IT, conducted in industry and universities, has led to the introduction of new capabilities, products, and services and shows how a complex research environment -- in which concurrent advances in multiple subfields have been mutually reinforcing, stimulating, and enabling one another -- has led to powerful IT innovations carried forward by top-performing U.S.
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Key Terms

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  • ecosystem fuels
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  • states risks

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  • economic returns


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