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Evolving the High Performance Computing and Communications Initiative to Support the Nation's Information Infrastructure
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Information technology drives many of today's innovations and offers still greater potential for further innovation in the next decade. It is also the basis for a domestic industry of about $500 billion,1 an industry that is critical to our nation's international competitiveness. Our domestic information technology industry is thriving now, based to a large extent on an extraordinary 50-year track record of public research funded by the federal government, creating the ideas and people that have let industry flourish. This record shows that for a dozen major innovations, 10 to 15 years have passed between research and commercial application (see Figure ES.1). Despite many efforts, commercialization has seldom been achieved more quickly. Publicly funded research in information technology will continue to create important new technologies and industries, some of them unimagined today, and the process will continue to take 10 to 15 years. Without such research there will still be innovation, but the quantity and range of new ideas for U.S. industry to draw from will be greatly diminished. Public research, which creates new opportunities for private industry to use, should not be confused with industrial policy, which chooses firms or industries to support. Industry, with its focus mostly on the near-term, cannot take the place of government in supporting the research that will lead to the next decade's advances.
NATIONAL ACADEMY PRESS - Organizational Body
0-309-58803-0
NONE
Computer Science
English
1995
1-134
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