Federally funded research drives nearly one-third of U.S. patents, report finds
As researchers bemoan cuts in federal funding for basic science, a new study of millions of patents indicates the value of spending tax dollars on research.
Ever since the great push for technological innovation during World War II and immediately afterward, the U.S. government has played an important role in fueling scientific research and innovation. About 10% of NIH grants now directly result in patents, and some commentators have argued that some industrial breakthroughs like the iPhone owe a great deal to government-funded research.
But amid cuts at the state and federal level, investment in scientific research. This trend raises questions about the nation’s ability to sustain its research leadership in areas like biomedicine and technology, particularly since federal funds play a crucial role in .
