Research money crunch in the U.S. | Tech News on ZDNet: "At the two-day event, attendees voiced concern over the state of technology research in the United States.
'I think we are in trouble,' said Leonard Kleinrock, professor of computer science at the University of California at Los Angeles and creator of the basic principle of packet switching. 'Years ago, people took a long-range view to research. There was high-risk research with the potential for big payoffs. That's no longer the case.'"
Steve's Commentary
This article discusses the lack of aggressive research in the US. Economic distress seems to have made research budgets shrink. People aren't willing to go out on a limb to invest in a risky, but potentially disruptive innovation. Should the government step in and provide better incentives for companies to innovate?
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