The votes have all been counted, and a president-elect of the United States is now celebrating his victory. However, the future president’s well-grounded enthusiasm over his victory will necessarily be tempered by his realization that his administration has a tough road ahead in tackling the difficult issues facing the country. And some of the key issues concern science and technology policy.

What should the new president do? Some quarters of the research community despair that there is not currently a consensus on the best paths to follow. But in fact, the corporate community has been able to agree on what needs to be done to ensure that the nation retains its scientific and technological edge. This consensus is coalescing around six important principles, some of which the new administration should actively foster.

Improving the scientific and technical workforce: Corporate America is recognizing that the deterioration of the American educational system,...

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