The US Government: Driving Innovation

Description:

Seventy percent of the iPhone’s components are derived from federally funded research. The page-ranking algorithm that became the basis for Google was created by federally funded scientists. The government’s science- and medical-based agencies have always been risk-takers, investing in early stage, cutting-edge research that ultimately shapes markets, delivers new technologies and launches new industries. The government also seeds innovation directly by investing in U.S.-based startups developing groundbreaking technologies and converting scientific discoveries into products and services. Panelists will discuss how the nation's system could work better to spur innovation and some of the exciting, new frontier areas federal agencies like NSF, NIH and DARPA are already investing in.