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Luncheon Address
Pages 76-79

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From page 76...
... Now that Congress has shifted and the American people have adjusted, government is starting to change, he said, pointing to the bipartisan Klinger-Cohen procurement bill passed two years ago and to the fact that "the administration and Congress are starting to work in partnership." THE GLOBAL ECONOMY AND THE INFORMATION AGE Referring to a statement by the historian Arthur Schlesinger, Jr., that the most important event of the current century has been the invention of the microchip, and after listing the changes that the development of information technology has brought to business practices over the past two decades, Rep. Davis stressed that the economy of the Information Age can be understood only in global terms.
From page 77...
... Davis praised the programs for sponsoring projects in "every conceivable arena of scientific and technical investigation offering truly leadingedge technologies." Small businesses in general represent an extraordinary pool of competence and talent; SBIR companies have used the opportunities provided by the program to identify and develop essential, innovative products not only to their own benefit but to that of the nation. THE GEOGRAPHIC DISTRIBUTION OF AWARDS Rejecting the notion that the distribution of SBIR awards should be influenced by state quotas, Rep.
From page 78...
... This last area, where his own district lies, today employs more people in the high-technology sector than does Silicon Valley. Such concentration supports not only a salary structure that draws talent but the "constant training and retraining" needed for success; spreading resources around the country would sacrifice many of the efficiencies characteristic of those areas where a critical mass exists.
From page 79...
... Federal R&D spending is currently not as high as it should be if the United States is to maintain its dominance of the world economy in the next century. "The government is going to have to continue to take some leadership role," he said, "but, most important, to incentivize the private sector and give them the tools they need to move ahead." Unlike the federal laboratories, for which commercialization is far from a primary goal, the SBIR program must continue to focus on commercial success, whether in the context of selling to the government or the commercial sector.


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