“I have seven grandchildren, and I worry about
their future. The nation that I was raised in, the United States, has clearly
lost its way at a time when the world badly needs wise leadership. Nations with
a long-term view are making huge investments in their
infrastructure—transportation, water, energy, waste, and recreation. And they
have a laserlike focus on supporting science and engineering research with
government resources. As examples, Germany, China, and South Korea come to
mind. Meanwhile, the United States is living off its past. Not only do we face
a crumbling infrastructure but our federal investments in fundamental
long-term R&D have been stagnant, dropping from 1.25% of the gross domestic
product (GDP) in 1985 to 0.87% in 2013.† Now, on top of that comes a mindless
budget "sequester" that will make the situation considerably worse,
causing the U.S. National Science Foundation to announce last week that it may
award 1000 fewer research grants in 2013 than it did in 2012.”
- Bruce Alberts (Science 15 March 2013)
This is not a thought of an average US citizen. Dr. Alberts, a
past president of National Academy of Sciences, Editor-in-Chief
of famous journal “Science”, is also a path breaking scientist in this
own right, a leader, and visionary in American Science. Almost everyone in our
generation of molecular biologists grew up reading his classic book during our college
days that inspired us making our career in this field. His concerns seem quite
genuine.
One
study predicts that 2023 may be the year that America loses its global Research
& Development (R&D) leadership.
China
is on its track to overtake the U.S. in spending on research and development in
~ 10 years, as federal R&D spending (in the U.S.) either declines or
remains flat.
By contrast, China's overall R&D
spending is $220 billion next year, an increase of 11.6% over 2012, a rate
similar to previous years, according to the 2013 Global R&D Funding
Forecast prepared by Battelle, a research and technology development
organization, and R&D Magazine. "The
U.S. still has a significant lead and advantage in R&D over all of these
countries," said Martin Grueber, one of the authors of the report
and a lead researcher at Battelle, "but the concern is R&D is a
long-term investment, and as these other countries continue to grow their
R&D capabilities ... how long can we maintain that advantage?"
A
major share of R&D research in the U.S. is funded by the federal
government, which is expected to budget $129 billion for R&D next year, a
decline of 1.4%. This figure could decrease even further if Congress does not
resolve its budget impasse.
Government
R&D spending is considered significant as because, unlike the private
sector, it funds basic research. This is research that often takes years or
decades to yield results, but it can also lead to new industries and jobs.
Basic research is the back bone of industrial growth in any economy.
Other
emerging economies, besides China, are also spending more on R&D. India,
for instance, will invest about $45 billion next year in R&D, an increase
of just over 12%.
President
Obama has called for national R&D expenditures equal to 3% of GDP, which
includes private and government investment. The forecast for next year is 2.66%
of GDP, according to the Battelle forecast.
The White House also believes that China may overtake the U.S. in R&D spending.
"China's
investment as a percentage of its GDP shows continuing, deliberate growth that,
if it continues, should surpass the roughly flat United States investment
within a decade," said the President's Council of Advisors on Science and
Technology.
One significant but often ignored aspect of R&D operations conducted by U.S. is offshoring, which according to the White House report, "has negative long-term consequences for the United States."
The
report also said that R&D returns to the U.S. economy are "likely
highest when the research is both generated and used within the United
States."
With a battery of talented scientists, engineers, medical doctors, present in the country, future of American excellence in Science and Technology is still bright, provided political leadership is honest and strong enough to resolve this issue sooner and act faster. Unfortunately, this is the most disheartening part – US Congress does not appear likely to take steps in the near term to improve R&D spending. Hope they are listening to what Dr. Alberts is echoing in his editorial piece this week.
I don't think "sequestration" is a viable option...just like Tea party it may not sustain for long. My take is..may be in next 4-5 years economy, jobs should be back on track, until then the situation is gloomy!!
ReplyDeleteYeah, I agree with you. They can not afford to take it longer than that. It has happened earlier too with American economy....and we have always thrived back with more vigor, power....Amen !
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