How Business Leaders Can Help Rebuild Trust In Innovation
For those of us who work in the innovation economy, you might feel like innovation is being deprioritized right now.
The National Institutes of Health (NIH) is facing cuts. National Science Foundation (NSF) grant programs are shrinking. Higher education is under increasing political and economic pressure. Venture capital investment in deep tech and biotech has plummeted. In some industries, startups that once might have raised funding in days now sit in purgatory for months.
Some experts have warned that failing to prioritize and fund innovation, such as scientific research, could leave a lasting effect that Americans feel "for decades to come." As I see it, they are not entirely wrong, but there are reasons for these shifts.
Read full article on Forbes.