Do we listen to the DoD or to the PRC government and Senior Colonel Wang XinJun, a researcher at the Academy of Military Sciences in Beijing, who recently stated, "The Chinese government and armed forces have never sanctioned hacking activities"?
What the "stagnationists" seem to forget or ignore is that over the last 30 years the federal government has been dramatically underinvesting in research and development. The U.S. ranks just eighth among OECD countries in R&D as a share of GDP.
If ideas are the seeds of innovation, idea management is the formalization of the processes involved in gathering, sharing, analyzing and executing the ideas generated within an organization and its collaborative networks.
Corporations often look at products in a company like 3M, and their R&D process, and think, oh, look how successful that process is in bringing forth innovation; we should copy what they do. But the process is usually a total mismatch.
Increased and predictable funding and incentives for research and development are essential, as is a workforce skilled at filling the resulting jobs. But it's also important that America's approach to research shift from safe and incremental research to the "high-risk, high-reward" research.
R&D folks need the freedom to play, to innovate, to grow the next big product. This cannot and will never happen if an R&D engineer is spending eight hours a day, five days a week, filling out forms and reports instead of developing products.
The World Health Organization's Director-General recently warned of the growing challenge of antibiotic resistance in the starkest terms. Responding to this challenge, existing antibiotics must be conserved and novel antibiotics developed.
Congress is responding to the companies who can afford to lobby and not bothering to seek the opinions of entrepreneurial inventors -- for whom the patent system was created over 200 years ago by a single sentence in the Constitution.
Despite conservative hysteria about the effects of a carbon price on the economy, the fact is that the amounts of money in question aren't that big in the context of the federal budget, much less the U.S. economy.
Manufacturers with revenues under $50 million should pay close attention to the Small Business Jobs Act, particularly the elimination of the Alternative Minimum Tax barrier regarding business tax credits.