(based on article in The Scientist) A National Academy of Sciences panel, chaired by Chad Holliday, former chief executive of chemical company DuPont and now chairman of the board of Bank of America, is drafting a plan ….. for “significant belt-tightening.”
Chad Holliday, told Nature.
“We are trying to be the first in the world to leading-edge technology, because that brings the most prosperity to the American people.”
some of the suggestions:
researchers should share equipment and facilities
Government should nix “effort-reporting” rules
Government should ,cover all indirect, or overhead, costs of research, like administration fees and building maintenance.
Encourage funding focused on research most likely to generate products and jobs.