Evolution of Science and Technology Investments

This chapter explores the transformation of science and technology investments from industrial monopolies to university and venture-driven ecosystems, with a focus on the roles of NSF and NIH in fostering partnerships for research and development. It delves into various technology domains including AI, quantum, biotech, and cybersecurity, emphasizing the gaps in current funding models and the need for federal investment in overlooked areas for sustainable growth. The discussion also addresses the challenges of maintaining competitive advantages in technologies, protecting intellectual property, and managing foreign involvement in sensitive research fields.