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Industrial Competitiveness and Technological Advancement: Debate Over Government Policy (CRS Report for Congress)

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Release Date Revised May 30, 2006
Report Number IB91132
Authors Wendy H. Schacht, Resources, Science, and Industry Division
Source Agency Congressional Research Service
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Summary:

There is ongoing interest in the pace of U.S. technological advancement due to its influence on U.S. economic growth, productivity, and international competitiveness. Because technology can contribute to economic growth and productivity increases, congressional interest has focused on how to augment private-sector technological development. Congressional action has mandated specific technology development programs and obligations in federal agencies that did not initially support such efforts. Some legislative activity, beginning in the 104th Congress, has been directed at eliminating or significantly curtailing many of these federal efforts. Questions have been raised concerning the proper role of the federal government in technology development and the competitiveness of U.S. industry. As the 109th congress continues to develop its budget priorities, how the government encourages technological process in the private sector again may be explored and/or redefined.
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