How does the United States, a world class leader in innovation, retain its competitive position in a global race for R&D investment dollars? Not by allowing the R&D credit, a proven incentive for spurring additional R&D, to expire 13 times since the credit was created more than 25 years ago. What kind of message about our commitment to innovation does the United States send the world with an on-again, off-again R&D incentive?
The credit expired more than two months ago. Policy makers need to turn the page and end the embarrassing history of repeated lapses of the credit. The R&D credit is a proven incentive for innovation. What are they waiting for?
Latest posts by NAM (see all)
- Manufacturers Win Several Website Design Awards - June 15, 2011
- China Makes Commitments on Trade, Intellectual Property - December 16, 2010
- ITC Details Widespread Theft of Intellectual Property in China - December 14, 2010