To Do: Establish an Advanced Research Projects Agency for Competitiveness (ARPA–C)
Recommendation
Congress should establish an Advanced Research Projects Agency for Competitiveness (ARPA–C) to fund advanced R&D projects.
Details
If the United States wants to remain a leader in key technologies necessary for national security and the commercial sector, it requires co-investment from the federal government and private industry. A Competitiveness Advanced Research Projects Agency, which NIST could administer, should be funded by year five with at least $20 billion annually to invest in developing strategically important technologies.
Keep reading:
▪ Robert D. Atkinson, “China is Rapidly Becoming a Leading Innovator in Advanced Industries” (ITIF, September 2024), https://itif.org/publications/2024/09/16/china-is-rapidly-becoming-a-leading-innovator-in-advanced-industries/.