Word: research
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Dates: during 1970-1979
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...side, he contends, "the legalistic interpretation of the treaty that says that all of our research and development programs can go forward misses the fundamental point. They are not going to go forward. We can't go to the country and ask for the kind of increase in effort that is required, after having gone to the country to explain that this arms-control agreement is going to stabilize U.S.-Soviet relations and bring the strategic competition under control...
...many noninflationary years, the U.S. produced more goods and services more cheaply by building new plants and lavishing billions on research and development. But those glory decades have ended, at least temporarily. Government policies now work to discourage saving, retard investment and divert into immediate consumption the money that industry needs to spend on new factories, new equipment and new skills. Partly because of this, over the past ten years, annual productivity growth has slowed to about half the average 3% increase of the 1960s. This has been a major cause of slow economic expansion, the debilitated dollar and double...
...percentage of the national economy, research and development spending has dropped sharply in the past decade. Government funding was cut with the end of the Viet Nam War. Private universities have been caught in a financial squeeze. Many companies have judged the payoffs from R. and D. to be uncertain in an inflationary age. The number of U.S. patents issued in a year to Americans has fallen 25% since 1971; there has been a 14% rise in the number granted to foreigners...
...based on the flawed idea of persuading Americans to get out of their cars and use other forms of transportation. The data before him showed it could not be done short of a threat of extinction. Also, his probings of the auto industry convinced him that there was more research in sales and promotion than in the mechanics of making cars. "Go back to 'cut and try' engineering," he told his astonished audience six months ago. "Revive Henry Ford the First's tactic of pitting one engineering team against another...
...repeated objections of college presidents and boards of overseers that U.S. divestment is unlikely to affect racism in South Africa, the tally of divested dollars has been slowly mounting. A few boards of trustees have voted full divestiture. Among them, according to the Washington-based Investor Responsibility Research Center: Hampshire College (of $39,000), the University of Massachusetts (of $631,000), Ohio University (of $38,000), Michigan State (of $8.5 million), and the University of Wisconsin (of $11 million). Other colleges have chosen partial divestiture, or selling stock selectively in those companies that fail to observe the Sullivan principles...