On June 4, Texas Instruments chairman, president, & CEO Rich Templeton gave the keynote address at a National Academy of Sciences’ (NAS) event hosted by the University of Texas System at the University of Texas Southwestern Medical Center. The event coincided with the release of a recent NAS study entitled, “Research Universities and the Future of America.” The study identified ten steps to both enhance our human capital, and strengthen partnerships between state governments, the federal government and universities, which collectively will ensure that the United States remains at the forefront of innovation. In his remarks, Mr. Templeton echoed these sentiments, emphasizing the need for continued federal funding for research and science, technology, engineering, and math (STEM) education.
Running one of the nation’s most innovative companies, Mr. Templeton knows firsthand how critical sustained federal investments in STEM education and research and development are. He’s long argued that in order to jump start our economy, the federal government and industry need to work in concert, ensuring an ecosystem exists where research and innovation can flourish. No doubt the thought of additional spending makes Congress skittish in in these tight budgetary times, but policy makers need to keep in mind that investing in research and STEM education lead to tangible returns in the form of job creation.
We applaud Mr. Templeton’s efforts and look forward to working alongside Texas Instruments to help grow our economy. You can read more about Mr. Templeton’s remarks here.