• [Photo] J.W. Bizzaro June 16, 2004
    An article by Michael Kanellos:

    ``The federal government needs to double the budget of the National Science Foundation and encourage corporate research with financial incentives, according to Intel CEO Craig Barrett.

    ``Although U.S. universities remain a magnet for students worldwide, the nation itself is in danger of losing its competitive edge over the long term in part because of federal neglect, Barrett said in a recent interview with CNET News.com. As a start, the government should double the budget of the NSF, which awards grants to research institutions.

    ``The agency's budget for fiscal 2004 came to $5.6 billion and it requested $5.7 billion for fiscal 2005, a 3 percent increase.

    ``Barrett said the request for increased funding isn't a disguised corporate boondoggle.

    ```I am not talking about R&D support for companies, I am talking about the basic research lab at tier one research universities,' he said.''

    Full story:
    http://news.com.com/2100-7337_3-5229789.html

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