In addition to value creation and resultant economic prosperity, intellectual capital directly affects national security. The Executive Summary of the U.S. Commission on National Security Report stated that there is an urgent need for "recapitalizing America's strengths in science and education". The executive summary goes on to state that "Americans are living off the economic and security benefits of the last three generations' investment in science and education, but we are now consuming capital. Our systems of basic scientific research and education are in serious crisis, while other countries are redoubling their efforts. In the next quarter century, we will likely see ourselves surpassed, and in relative decline, unless we make a conscious national commitment to maintain our edge".
This document was written by a bipartisan commission and it
no punches, stating very clearly that "in this Commission's view, the
of our systems of research and education pose a greater threat to U.S.
national security over the next quarter century than any potential
war that we might imagine". As outlined in the Business
Of Education section of this website, business investment in IC can
be motivated by enlightened self-interest, by considerations of
prosperity for a particular firm and for the economy in general.
can likewise be motivated by concerns of continued prosperity but also
by the national security implications of failing to invest in IC. As
prosperity, security is a concern for businesses and politicians at the
local, state and national levels. We are living in the Information Age
and a well developed national IC infrastructure is critical to a safe