A new initiative promises to monitor the impact of federal science investments on employment, knowledge generation, and health outcomes. The initiative–Science and Technology for America’s Reinvestment: Measuring the Effect of Research on Innovation, Competitiveness and Science, or STAR METRICS–is a multi-agency venture led by the National Institutes of Health, the National Science Foundation (NSF) and the White House Office of Science and Technology Policy (OSTP).
STAR METRICS will help the federal government document the value of its investments in research and development, to a degree not previously possible. Together, NSF and NIH have committed $1 million for the program’s first year.
Source: National Science Foundation
Link to press release and more information at NSF
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