Information Technology Innovation Resurgence, Confluence, and Continuing Impact (2020) / Chapter Skim
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6 Past and Future Economic Returns from IT Research
6 Past and Future Economic Returns from IT Research
Pages 95-97
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From page 95... ...
Combined with controlledenvironment agriculture, in which food is grown indoors in climate-controlled conditions, IT could be used to optimize the growing environment and lower costs, risk, and waste. On a smaller scale new start-ups are building automated,bookcase-sized hydroponic units that allow restaurants to serve fresh produce grown on site.
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From page 96... ...
This report builds on this to highlight two significant patterns of cumulative impact of fundamental research on the U.S. economy that play out alongside the traditional narrative of academic research fueling industry exploration and business success.
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From page 97... ...
This ecosystem includes federally funded academic research playing a major role in tandem with industry funding and partnership with a greater focus on near-term, nonappropriable research. Although start-up companies coming out of universities continue to act as an important conduit for research impact, other combinations of academic and industry collaboration play major roles, including the wide and open sharing of industry advances by companies for use by universities and start-ups, industry-funded university labs and consortium, and open-source communities.
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