This article calls for a more intimate relation between industry and academia. It discusses the essential features of the U.S. research and development system, looking at characteristics of industrial research and of academic research as they might affect a partnership. (author/BB)

Describes the new era of industrial research in America and the origins of U.S. industrial research in the nineteenth century which led to current traditions and philosophy. Meeting future expectations is seen as requiring broader science, much of it from academia and licensing. (Author/SA)

Offers perspectives on the status and direction of federal science policy. Assesses current efforts dealing with megaprojects, basic research, and cooperative projects. Provides suggestions for improving federal science policy so as to better promote industrial competitiveness. (ML)