Can public R&D investment revitalize a lagging economy?
Clip: 8/29/2019 | 10m 23sVideo has Closed Captions
Can an infusion of public R&D investment revitalize a lagging economy?
The U.S. government spends about 0.7 percent of GDP on scientific research and development, down from 2 percent in the 1960s. Less investment means fewer chances for breakthroughs like the weapon-seeking robots that saved thousands of soldiers in Iraq and Afghanistan -- and created a new consumer products category. Economics correspondent Paul Solman reports on an effort to jump-start public R&D.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Can public R&D investment revitalize a lagging economy?
Clip: 8/29/2019 | 10m 23sVideo has Closed Captions
The U.S. government spends about 0.7 percent of GDP on scientific research and development, down from 2 percent in the 1960s. Less investment means fewer chances for breakthroughs like the weapon-seeking robots that saved thousands of soldiers in Iraq and Afghanistan -- and created a new consumer products category. Economics correspondent Paul Solman reports on an effort to jump-start public R&D.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...