U.S. President Barack Obama's transition team has received a copy of a National Academy of Sciences report that recommends several strategies the United States could follow as information technology research and development becomes increasingly globalized.
Randy Katz, a computer scientist at the University of California, Berkeley, who co-chaired the panel that wrote the report, says the top spot that the United States holds in information technology research and development is being challenged. The report suggests the United States would be a better place for innovation if small startups that want to go public did not have to contend with the costly financial reporting requirements for disclosure. The patent system should be reformed to discourage litigation, the report adds. Also, more funding is needed for research into the biggest challenges. Katz says the High-Performance Computing and Communications initiative of the 1980s and 1990s is the type of "programmatic research [that can] build communities of researchers that collaborate and also compete while pursuing a particular goal."
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