While some experts see virtue in the new president's technology policy, others warn of hidden probems

High-technology company executives and association officials, along with leading scientists and others in the United States research and development community, are largely upbeat in their initial responses to President Bill Clinton's economic program and his ambitious effort to redirect U.S. technology policy. At the same time, several science and technology policy-watchers interviewed by The Scientist say they will need further details about the administration's science and technology initiatives, including specific budget figures, before they can offer a more thorough assessment of the Clinton plan.

The Clinton administration has proposed the following new initiatives in its technology policy, as presented in a White House policy paper, "Technology for America's Economic Growth" (released on February 22):

Research and Experimentation Tax Credit: The administration is calling for permanent extension of this tax credit, which would apply to...

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