Institutions with limited federal funding have new access to R&D programs
Despite Carnegie Classification as an R2 institution, Northern Illinois University (NIU) and other similar universities do not qualify for existing R&D capacity-building initiatives targeting Established Program to Stimulate Competitive Research (EPSCoR) states or minority-serving institutions (MSIs).
NIST plans to increase public access to federally funded research results
NIST has released a plan to make its scientific data and publications more readily available and accessible, following a memo from the White House Office of Science and Technology Policy (OSTP) instructing all government agencies to do so.
Public will have quicker and easier access to federally funded research results
Over the last month, the Department of Energy (DOE), National Science Foundation (NSF), and National Institute of Standards and Technology
NSF commits $80 million to four ERCs
For 32 years, the Engineering Research Centers (ERC) program of the National Science Foundation has provided long-term funding for university-industry-government collaborations focused on addressing specific, complex engineering challenges. The program can be an integral part of a state’s strategy to encourage stronger partnerships among universities and private industry.
Useful Stats: Higher Education R&D expenditures distributed unevenly across metro areas
The growth and intensity of higher education R&D (HERD) expenditures varies considerably across metropolitan areas, a recent SSTI analysis of National Science Foundation data finds. New York ($4.3 billion), Boston ($3.2 billion), and Baltimore ($2.9 billion) had the highest overall levels of HERD expenditures in 2016. In that same year, Ithaca, New York (19.1 percent), State College, Pennsylvania (9.5 percent), and College Station, Texas (9.4 percent) had the highest levels of HERD intensity – measured as the share of HERD expenditures to gross metropolitan product.
The growth and intensity of higher education R&D (HERD) expenditures varies considerably across metropolitan areas, a recent SSTI analysis of National Science Foundation data finds. New York ($4.3 billion), Boston ($3.2 billion), and Baltimore ($2.9 billion) had the highest overall levels of HERD expenditures in 2016. In that same year, Ithaca, New York (19.1 percent), State College, Pennsylvania (9.5 percent), and College Station, Texas (9.4 percent) had the highest levels of HERD intensity – measured as the share of HERD expenditures to gross metropolitan product. While overall HERD expenditures increased by nearly $7.5 billion nationwide from 2011 to 2016, more than half of this total (50.6 percent) went to the 10 metro areas with the most HERD expenditures in 2016.
Fintech lending may increase consumers’ financial vulnerability
Contradictory to the prevailing theory that fintech companies — utilizing cutting-edge algorithms and incorporating data beyond the standard credit reports — have better insights into borrower risk profiles than traditional lenders, new research indicates that fintech borrowers are more likely to default on their loans than their counterparts who utilize traditional banks.
Contradictory to the prevailing theory that fintech companies — utilizing cutting-edge algorithms and incorporating data beyond the standard credit reports — have better insights into borrower risk profiles than traditional lenders, new research indicates that fintech borrowers are more likely to default on their loans than their counterparts who utilize traditional banks. In their forthcoming article in The Review of Financial Studies, Marco Di Maggio and Vincent Yao find that fintech companies are actually more reliant on “hard information” than traditional banks and typically acquire market share by first lending to higher-risk borrowers and then to safer borrowers. Although their analysis is based entirely on the personal loans market, the research raises another flag, adding to a growing list of fintech issues ripe for regulation.
Americans vision of the future bleak; science holds hope
A smattering of recent opinion polls and research papers looking to the future have revealed some grim perceptions about the economy and environment, but a more positive opinion of the role for science and technology (S&T) emerges.
Georgia building on research strengths with new initiative
The Georgia Research Alliance has announced a new five-year initiative to fight sickle cell disease that will include creation of a GRA Eminent Scholar chair at the Morehouse School of Medicine (MSM), Emory University and Children’s Healthcare of Atlanta (CHOA). The Calvin Smyre GRA Eminent Scholar Chair, named for Rep.
U.S. policies are tightening for innovation investment and China
The economies, the wellbeing, and the stories of the U.S. and China have become so intertwined and so interdependent that individuals not following global political-military-ideological studies might be excused for getting lost in the narrative, let alone following such a complex plot. There won’t be a simplifying explanation offered here, but there are a few new twists in the storyline SSTI wanted to share that may relate to the innovation investment, product development, and exit strategies for some parties within the TBED community.
The defense bill contains fewer provisions related to research, technology, and entrepreneurship than initially proposed
The National Defense Authorization Act for FY 2024, signed in late December, ultimately contained fewer provisions related to research, technology, and entrepreneurship than the draft versions of the legislation initially proposed. Nonetheless, the final bill made some changes that could stabilize some of the department’s innovation activities in recent years and add some flexibility for companies and organizations engaging in technology transfer activities with defense institutions. Specifically, four sections worth noting in the FY 2024 NDAA are the following:
NSF announces Accelerating Research Translation awards
The National Science Foundation recently announced awarding more than $100 million to 18 teams at academic institutions across the nation through the Accelerating Research Translation (ART) program. An NSF press release states, “NSF's investment will enable academic institutions to accelerate the pace and scale of translational research that will grow the nation's economy.”
Federal agencies launch initiatives to promote women’s health research
Earlier this week, the White House announced a series of actions being undertaken by federal agencies to focus on women’s health. Both NIH and ARPA-H announced new funding opportunities centered around women’s health, while the White House and other agencies took action without indicating any funding associated with that funding
Biden Administration releases executive order regarding future of AI in the US including specific directions for DOE, NSF, DOC and SBA
The Biden Administration issued an executive order earlier this week that provides guidance on the safe, secure, and trustworthy development and use of Artificial Intelligence (AI) in the U.S. The EO includes guidance for agencies to work to provide new opportunities for small businesses and entrepreneurs in AI and other directives.
It’s time to compensate 1890 universities for decades of unfair funding
In 1862, during the Civil War, Congress passed the Land-Grant Agricultural and Mechanical College Act of 1862 (a.k.a. the Morrill Act of 1862). This legislation extended educational opportunities for many White working-class Americans. But it did little to extend education to Black people. The Morrill Act of 1890 passed 28 years later created new land grant institutions to address the issue of Black peoples’ access to higher education. But racial inequities between the two land-grant systems have persisted into the present day.
NIH posts modifications to proposal application and review process
How one applies and has their proposal reviewed to gain a small share of the world's largest funding source for life science research is changing. The following highlights modifications affecting grant applications submitted to the National Institutes of Health for due dates on or after January 25, 2025, as posted on their Implementation of New Initiatives and Policies page.
Global competition intensifies for US research talent amid funding uncertainty
As U.S. research institutions face funding uncertainty, countries and universities worldwide are launching initiatives to lure away our scientific talent:
As U.S. research institutions face funding uncertainty, countries and universities worldwide are launching initiatives to lure away our scientific talent:
- Twelve EU countries signed a letter calling for dedicated funding and an immigration framework in the next EU budget. Individual countries are taking separate actions.
- Belgium’s Vrije Universiteit Brussel has allocated €2.5 million ($2.7 million) for 12 postdoctoral fellowships specifically targeting American researchers through its European Marie Skłodowska-Curie program.
Forty-two institutions added to the ranks of R1 designees
As the federal R&D budget has grown, peer review committee compositions changed, and federal research awards have grown in size, the threshold to obtain the designation as a Carnegie R1 university of $50 million in total research spending to earn the designation was met by 42 additional universities for the first time, bringing the total to 187 nationwide.
National Academy of Sciences president advocates for a national research strategy to coordinate basic research
In a recent State of the Science address, National Academy of Sciences President Marcia McNutt called attention to what she sees as an alarming trend: the federal contribution to basic research is stagnating while industry funding is rising. The federal share of U.S. spending on basic research, she said, was down from about 60% in 2011 to 40% in 2021.