Indicates that the tie between research and education may not be justifiable in an era of declining student population. Presents suggestions for new institutional arrangements so universities can maintain their scientific strength. (GS)

Describes specific activities and accomplishments of the President's Office of Science and Technology Policy. Addresses policy issues related to strengthening the U.S. science and technology enterprise, fostering industrial innovation, enhancing relationships among government, industry, and universities, and improving the regulatory process.…

Since industry is investing heavily in research/development, the government's responsibility should be to assure that industrial spending is paralleled by real growth in its support of basic research. Such growth is realistic (even with budgetary constraints) given a proposed compact between government, universities, and industry for support of…