Items tagged with science:
News & Updates:
EPA set to significantly limit influence of science in public health policy; Trump to delay EU auto tariff decision; Microsoft announces nationwide compliance with California privacy law; Lawmakers search for way to pass funding bill; Another mixed signal for economic outlook.
Funding for early-stage biomedical innovation has been declining at the same time that medical breakthroughs seem to be occurring at ever increasing rates. One explanation for this counterintuitive trend is that increasing scientific knowledge can actually lead to greater economic risk for investors in the life sciences. While the impact of the Human Genome project, high-throughput screening, and genetic biomarkers has been tremendously positive for clinicians and their patients, it has also increased the cost and complexity of the drug development process, causing investors to shift their assets to more attractive investment opportunities. In this talk, Prof. Lo describes how financial engineering—portfolio theory, securitization, credit default swaps, and other tools of modern finance—can be used to reduce the risk and increase the attractiveness of biomedical innovation so as to bring new therapies to patients faster.
Pop culture’s fascination with science, technology, engineering, and math jobs is vast. From a fixation on the applications and impacts of automation and artificial intelligence, to an enduring interest in startups and technology entrepreneurship, it seems we cannot go more than a day without a headline using the phrase “Jobs of the Future.”
One of the main benchmark tests that has been used for the past several decades in determining the success and efficiency of government regulations, in particular EPA regulations, is cost-benefit analysis.
In late May, newly elected President Donald Trump released his first full budget proposal detailing the administration’s fiscal priorities. At surface-level, the $4.1 trillion budget for 2018 appeared comparable to that of last year’s; however, upon closer review, it became clear that funds dedicated to scientific research – among other departments – had been significantly reduced  .
National Science Foundation Statistics
The National Science Foundation (NSF) is an independent federal agency created by Congress in 1950 “to promote the progress of science; to advance the national health, prosperity, and welfare; to secure the national defense…” With an annual budget of about $7.0 billion (FY 2012), it is the funding source for approximately 20 percent of all federally supported basic research conducted by America’s colleges and universities. In many fields such as mathematics, computer science and the social sciences, NSF is the major source of federal backing.
Quick link to NSF Fact Sheet: http://www.nsf.gov/news/news_summ.jsp?cntn_id=100595
The National Center for Science and Engineering Statistics (NCSES), formerly the Division of Science Resources Statistics, was established within the National Science Foundation by Section 505 of the America COMPETES Reauthorization Act of 2010. The new name signals the central role of NCSES in the collection, interpretation, analysis, and dissemination of objective data on the science and engineering enterprise. The responsibilities of NCSES have been broadened from those of the former Division of Science Resources Statistics. Data collections related to U.S. competitiveness and STEM education are part of these new responsibilities. NCSES is responsible for statistical data on the following:
- Research and development
- The science and engineering workforce
- U.S. competitiveness in science, engineering, technology, and R&D
- The condition and progress of STEM education in the United States
Quick link to Statistics home: http://www.nsf.gov/statistics/
Industrial Research and Development Information System (IRIS) is a database which holds all of the statistics produced by the National Science Foundation’s Survey of Industry Research and Development (SIRD) for 1953 to 2007, the last year SIRD was conducted. It has been replaced by the Business Research and Development and Innovation Survey (BRDIS), which expands NSF’s coverage of business R&D and innovation activities. IRIS contains tabulated statistics for selected periods on such measures as industry R&D funding and industry R&D personnel. These statistics are broken out by such dimensions as source, industrial sector, character of work, and company size.
Quick link to IRIS data: http://www.nsf.gov/statistics/iris/
Quick link to BRDIS page: http://www.nsf.gov/statistics/srvyindustry/
The Smithsonian Environmental Research Center (SERC) leads the Nation in research on linkages of land and water ecosystems in the coastal zone and provides society with knowledge to meet critical environmental challenges in the 21st century. The SERC Data Table of Contents (DTOC) contains basic metadata on a selection of data files and data sets collected by SERC researchers.
This site makes the latest research on innovation and rural development available to economic developers and other local decision makers in an easy-to-use format. The U.S. Economic Development Administration sponsored this project to develop new tools to support strategic economic development planning in rural regions. The goal of this work is to help rural planners assess their region’s comparative strengths and weaknesses with respect to fostering innovation-based growth. The project’s data and tools, however, can be used equally well in any type of region—urban, exurban, metropolitan or custom-based depending upon need and purpose.
The project team has developed three sets of tools for this purpose, tested and refined in collaboration with stakeholders in four rural regions around the nation. The tools, available on this website, include:
•An Innovation Index reflecting a region’s innovation activity and capacity, together with an interactive database containing the index and its component indicators for every county in the nation.
•Data on 15 knowledge-based occupation clusters and 17 industry clusters, also contained in this interactive database.
•Analytical tools to help regional planners evaluate public investment decisions in support of economic growth.
Quick link: http://www.statsamerica.org/innovation/data.html
U.S. Patent & Trademark Office
The United States Patent and Trademark Office (USPTO) is the Federal agency for granting U.S. patents and registering trademarks. The USPTO also advises the President of the United States, the Secretary of Commerce, and U.S. Government agencies on intellectual property (IP) policy, protection, and enforcement; and promotes the stronger and more effective IP protection around the world.
Quick link to Patent Statistics and the Data Visualization Center: http://www.uspto.gov/patents/stats/index.jsp
Quick link to XML Resources: http://www.uspto.gov/products/xml-resources.jsp
Quick link to Patent Search: http://www.uspto.gov/patents/process/search/index.jsp
World Intellectual Property Organization
WIPO cooperates with intellectual property (IP) offices from around the world to provide its stakeholders with up-to-date IP statistics. The Organization also publishes statistical reports on worldwide IP activity and on the use of WIPO-administered treaties in the protection of IP rights internationally. Reliable IP statistics are an important tool in understanding trends in business and technology and in the use of the IP system worldwide and across different countries.
Quick link to IP Statistics: http://www.wipo.int/ipstats/en/
WIPO GOLD is a free public resource which provides a one-stop gateway to WIPO’s global collections of searchable IP data. It aims to facilitate universal access to IP information.
- Global Brand Database
- Statistics: Patents; Trademarks; Designs; Utility Models; Plant Varieties; Microorganisms
Quick link to WIPO GOLD: http://www.wipo.int/wipogold/en/