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Analysis: Federal budget cuts threaten IT innovation
Federal budget cuts may have a long-term effect on technological and scientific innovations, and there is little hope that such research and development will come from the private sector, Bernhard Warner writes. "The government funds primarily basic research. This is where radical innovation and fundamental scientific breakthroughs happen. It's where, say, the next Internet would come from," said Vladimir López-Bassols of the Organization for Economic Cooperation & Development.

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