Report: U.S. Innovation Foundation Needed
The Information Technology and Innovation Foundation and the Brookings Metropolitan Policy Program argue in a report released Wednesday that that a critical step toward a more robust, targeted and explicit federal innovation policy is the establishment of a National Innovation Foundation.
Such an organization would be "nimble, lean and collaborative," and would be devoted to supporting firms and others that innovate. The foundation would work to catalyze industry-university research partnerships, expand regional innovation-promotion by state governments, and encourage technology adoption, according to the paper.
By realigning and augmenting current diffuse efforts, the new body would help create better jobs in America, not just for highly educated "knowledge workers," but for all, including high school graduates in manufacturing and "low-tech services," the report said. The paper is available here.
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