According to Michael Collins, President, MPC Management, the US is in an Innovation Gap because of the nation's inability to compete within research and development of factories and industry. The Information Technology and Innovation Foundation and the Metropolitan Policy Program at the Brookings Institution are calling on the Federal government to take bold measures to turn around what they call America's declining innovation leadership and raise productivity and U.S. incomes. To understand why so many people are concerned, you have to examine the biggest chunks of the spending individually. To read more of his post, click here.
Do you agree with Collins? Is America that far behind other nations in innovation, research and development?