Reseach and development (Bernanke)

Promoting research and development: the governments role, presentation of the chairman Ben S. Bernanke, at the conference on New building blocks for jobs and economic growth. “…innovation to the growth process; over the past 200 years or so, innovation, technical advances, and investment in capital goods embodying new technologies have transformed aconomies around the world.”  http://1.usa.gov/jiZ1VT