I want to increase our spending on research and development by 25%. That's something the U. S. does very well. That dynamism alongside a welfare state in the European community - that's the synthesis I want to achieve.
Apple does all of its research and development in America. It has all these brilliant people sitting in Silicon Valley. But until recently, Apple made nothing in America. Zero. And the jobs that were accessible to a good, well-trained worker that knew how to do welding or assembly, none of those jobs had stayed in America. We don't have the workforce.
The industrial processes in use today were developed at a time when no one had to consider what the environmental impact was. Who cared? But making ecological concerns matter to a company's bottom line will help it do the research and development that will reinvent everything we buy.
While I recognize the great value and importance of prescription drugs and strongly support a continued U. S. focus on pharmaceutical research and development, our nation's seniors cannot be asked to subsidize the drug costs of other wealthy industrialized nations any longer.
I've developed a huge regard for Toyota for its environmental awareness, for its immense commitment to research and development in this field, and for its leadership in developing hybrids which others are now following.
Idle minds are the devil's research-and-development department.
Manufacturers account for nearly 60 percent of all industrial research and development.
We must always emphasize research and development of science and mathematics, and I can think of no better way to achieve this than through our future in space.
I'll admit that the discovery of evolution is humbling, but it is also empowering. It transforms our relationship to the life around us. Instead of being outsiders watching the natural world go by, we are insiders. We are part of the process; we are the exquisite result of billions of years of natural research and development.
We invest in early childhood education. We invest additional job training dollars. We make sure that we've got a strong research and development strategy so that we continue to innovate. Rebuilding our infrastructure, which we know will attract businesses.
Now is not the time to gut these job-creating investments in science and innovation. Now is the time to reach a level of research and development not seen since the height of the Space Race.
Our friends up north spend over five billion dollars on research and development and all they seem to do is copy Google and Apple.
I like to call the difference between research and development. Some people use that interchangeably. They'll say R&D. They're two totally different things.
The fact that used cars is our largest category is a good example. We would not have sat in a conference room and said, "Hey, how about used cars?" So what can be learned that is extensible to other companies is to ask what are your customers doing with your products that maybe you didn't anticipate that they would do? How do you think of your customers as your research and development lab, as opposed to having an R&D lab at headquarters?
If we want to make the best products, we also have to invest in the best ideas. . . Every dollar we invested to map the human genome returned $140 to our economy. . . Today, our scientists are mapping the human brain to unlock the answers to Alzheimer's. . . Now is not the time to gut these job-creating investments in science and innovation. Now is the time to reach a level of research and development not seen since the height of the Space Race.
Huge sums are invested globally in medical research and development - and with good reason.
Of course we have to make a profit, but we have to make a profit over the long haul, not just the short term, and that means we must keep investing in research and development - it has run consistently about 6 percent of sales at Sony - and in service.
Most of them benefit businesses, things like research and development tax credits. But people will also benefit, too, from things like - the earned income tax credit and the child tax credit have been made permanent. They predominantly help lower-income families.
Coal research and development provides huge benefits for the nation, and pay for itself many times over through taxes flowing back to the Treasury from expanded economic activity.
And I think that still is true of this business - which is basically research and development - that you probably spend more time in planning and training and designing for things to go wrong, and how you cope with them, than you do for things to go right.