There's basic R and D and then there's more applied investment in development. At least that's the way I've thought about it in basic R and D, you probably know this well, We're about half of what we were in 1950 as a percentage of GDP [in basic R&D]. so. And that's at times when other countries are doubling down. That. So I think I say in the book we should be much more forward leaning on basic R and D. (43:38–43:44)
CLAIM
Asserts that U.S. basic R&D investment is half of what it was in 1950 as a percentage of GDP.
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