With the upcoming Oct. 5 elections, the country has a new opportunity to strengthen scientific research as a foundation for addressing today’s challenges and bolstering its sovereignty.
Articles on R&D spending
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A recent study into China’s innovation boom found patenting activity has been accelerating for years and is built on a whole ecosystem, not a few lone heroes.
Budget 2026 offered useful support for small firms. But building blocks are not the same as a productivity blueprint.
As new targets designed to help the EU economy work towards autonomy are unveiled, Europe’s “old growth” model and its R&D multinationals’ reliance on foreign markets come under review.
The federal government is more likely to fund curiosity-driven basic research, while industry is more likely to support research that has a clearer eventual payoff.
Entering office in the thick of the pandemic, Joe Biden faced science-related challenges on Day 1.
Based on federal budgeting requests from the past 2 administrations, Trump and Harris placed different values on science research funding.
An analysis by CSIRO’s strategic and economic advisory arm suggests spending on research and development can earn annual yields of 10%, even if there are delays or cost overruns.
Top contributors
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Economic Consultant, CSIRO Futures, CSIRO
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Lead Economist, CSIRO Futures, CSIRO
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Senior Economic Consultant, CSIRO
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Fellow in Science, Technology, and Innovation Policy, Baker Institute for Public Policy, Rice University
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Associate Professor of Public Policy, Georgia Institute of Technology
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Associate Professor of Science Education, University of North Dakota
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Professor in Strategic Management and Innovation, ESCP Business School
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Professor of Entrepreneurship, University of Auckland, Waipapa Taumata Rau
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Associate Professor in Strategy and Entrepreneurship, The University of Queensland