A first-of-its-kind study shows that cuts in federal funding for science might hinder the economy by halting innovation. The study, recently published inÂ Science, examines how patented inventions rely on federally-funded science. Nearly a third of all the patents in the US rely on federal researchâ€”a percentage that has grown substantially over the past 90 years. This trend applies across all fieldsâ€”at its most extreme, almost 60% of the patents in chemistry and metallurgy rely on federally-funded science.
Read the Science article here.