Washington D.C. - According to SSTI, "It has long been known that academic institutions are a key driver of research and development performance in the United States. While industry still funds and performs the majority of R&D in the U.S., universities and colleges (U&C) play a pivotal role in the advancement of basic human knowledge.
Trenton, NJ - For several decades, New Jersey has been home to many of the top military contractors in the United States. Not only do these Garden State companies provide products and technologies to various US defense sectors and allies, they are also constantly pushing the envelope of innovation to meet – and often exceed – the needs of their customers. In this article, New Jersey Business looks at a small portion of defense contractors in the state whose products and projects show that New Jersey is a leading market for innovation.
Washington D.C. - According to John Castellani, "The U.S. patent system is the critical legal shield protecting medical innovations as they make their way from America’s labs to the patients in every state who need, want and deserve them."
Washington D.C. - The Biotechnology Industry Organization (BIO) today releases the following statement on the 21st Century Cures Initiative discussion draft shared by Chairman Fred Upton (R-MI), Rep. Diana DeGette (D-CO), Rep. Frank Pallone, Jr. (D-NJ), Rep. Joe Pitts (R-PA), and Rep. Gene Green (D-TX). his statement can be attributed to Jim Greenwood, BIO President and CEO:
Washington D.C. - According to the State Science and Technology Institute (SSTI), "The Securities and Exchange Commission adopted final rules to update and expand Regulation A, an existing exemption from registration for smaller issuers of securities. The new Regulation A+ will enable smaller companies to offer and sell up to $50 million of securities in a 12-month period, subject to eligibility, disclosure and reporting requirements."
Washington D.C. – President Obama announced nearly $500 million in public-private investment to strengthen American manufacturing by investing in cutting-edge technologies through a new, textiles-focused manufacturing institute competition led by the Department of Defense, and by sharpening the capabilities of small manufacturers through Manufacturing Extension Partnership competitions in twelve states. The White House, as detailed in a new report, is also launching a Supply Chain Innovation Initiative focused on building public-private partnerships to strengthen the small U.S. manufacturers that anchor the nation’s supply chains.
New York, NY - In his recent Forbes article, Mark P. Mills discusses the current and future of R&D in America. Citing his most recent report as a Senior Fellow at the Manhattan Institute, "Basic Research and the Innovation Frontier," he argues that basic research is more important than ever and it needs to be supported.
Westerville, OH - The State Science & Technology Institute (SSTI) offers an analysis of President Obama's $4 trillion budget request for FY16. His proposal is again unlikely to find support in Congress, but serves as a useful guide to the administration’s priorities and a source of new ideas.
Click here for their analysis: http://bit.ly/1vyUdVt
Washington, D.C., December 15, 2015 – Kelly Phillips Erb, a contributor of Forbes, comments on the federal budget vote. “While the tenor of the debate felt partisan from start to finish, the final vote didn’t have an overwhelmingly partisan flavor. Of the Senators voting yes, 31 were Democrats, 24 were Republicans and 1 was Independent. Of the Senators voting no, 21 were Democrats, 18 were Republicans and 1 was Independent. Of those abstaining, one was a Democrat three were Republicans. The more than 1,600 page bill, considered a compromise on both sides, was a $1.014 trillion budget which will keep the lights on in Congress through September 2015.”
“The bill increased funding for cyber security for the Federal Bureau of Investigations. Fraud control measures related to cyber security also resulted in funding bumps for other agencies, including the Department of Defense and the Department of Energy.”
“While the Ebola virus is still making headlines, Congress carved out an entire section of the budget for “Ebola response and preparedness.” The National Institute of Health (NIH) not only got a regular budget boost but additional research money to fight Ebola. Also benefiting directly and indirectly from the Ebola scare, along with concerns about other infectious diseases, are the Center for Disease Control (CDC) and the Food and Drug Administration (FDA).”
“Science was overall a big winner in the budget. Not only did medical research see extra funds, so did other sciences. The National Aeronautics and Space Administration (NASA), the National Science Foundation (NSF), the National Institute of Standards and Technology (NIST) and the National Oceanic and Atmospheric Administration (NOAA) will all see better numbers in 2015 than last year.”
For more information, click here.
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