Gary Peters actually said...

"Basic R&D is the seed corn of our economy, and the innovation that it generates helps build new industries, increase productivity, and enhance American competitiveness."

"Well, that leads to the point that we should move away from having an emphasis on a special application or a specific application for the research, and have it wide open."

"We need to do a much better job of, certainly, recognition of competition, but also there needs to be some sort of collaboration there to work together and to move forward."

"So, we need to get through that hurdle. That's something we can do immediately."