The United States enacted the world’s first research and development tax credit in 1981. The size of the credit is rather small: The Joint Committee on Taxation estimates that it will cost taxpayers $57.5 billion over five years. Unlike most other special provisions, the credit actually addresses a clear market failure. When firms invest in research, most of the benefit goes to society in general.
U.S. News & World Report, the global authority in education rankings for more than 30 years, today released the 2018 Best Global Universities rankings. The overall rankings evaluate 1,250 universities - up from 1,000 last year - across 74 countries and are the largest and most comprehensive assessment of research universities worldwide.
Annual worldwide corporate R&D spending broke through $700bn in annual investment, according to an annual analysis of R&D spending across 1000 global public companies by PwC’s Strategy&. It shows corporate R&D spending increased a steady 3% in the past year, bouncing back from less than 1% increase previously.
IBM Research announced Tuesday (Oct. 24, 2017) that its scientists have developed the first “in-memory computing” or “computational memory” computer system architecture, which is expected to yield yield 200x improvements in computer speed and energy efficiency -- enabling ultra-dense, low-power, massively parallel computing systems.
“IUCRCs are collaborative research centers that pull together industry and university personnel to tackle basic research questions in engineering and computer science,” says Olena Leonchuk, a postdoctoral researcher at North Carolina State University and lead author of a paper describing the work. “There are clear benefits to both industry and universities, but our fundamental question was: To what extent do graduate students benefit from being part of an IUCRC while in grad school?”
Universities are renowned as being the hub of many great individuals conducting ground-breaking research, with innovation acting as the driving force behind many of these institutions. Reuters has recently released it’s 2017 edition of the world’s most innovative universities, ranking a considerable number of US universities at the top end of the table, with a total of 51 of the 100 uni
Funding proposals that require scientists to declare what about their project will be “transformative” to their field can set back the field as a whole, according to a study from Oregon State University researchers. Sarah Gravem, a postdoctoral scholar in integrative biology and lead author of the study, said asking scientists to attempt to shift the paradigm in every proposal is not only unrealistic, but potentially harmful.
An international team led by MIT associate professor of materials science and engineering Geoffrey Beach has demonstrated a practical way to use “skyrmions” to create a radical new high-speed, high-density data-storage method that could one day replace disk drives -- and even replace high-speed RAM memory.
Biologists continue to hone their tools for deleting, replacing or otherwise editing DNA and a strategy called CRISPR has become one of the most popular ways to do genome engineering.
By sequencing a remarkably complete genome from a 50,000-year-old bone fragment of a female Neandertal found in Vindija Cave in Croatia, researchers report online today in Science a new trove of gene variants that living people outside of Africa obtained from Neandertals. Some of this DNA could influence cholesterol levels, the accumulation of belly fat, and the risk of schizophrenia and other diseases.