Washington: Microsoft Corp founder Bill Gates said the US should double the number of science, technology and math graduates by 2015 and increase funding for basic research by 10% a year to improve its economic competitiveness.
“We know we must change course, but we have yet to take the necessary steps,” Gates told the US Senate Health, Education, Labour and Pensions Committee in Washington on 7 March. He also urged Congress to ease the path to obtaining visas for certain types of foreign workers needed in high-technology industries.
“Even though it may not be realistic, I do not believe there should be any limit,” Gates said. “These employees are vital to US competitiveness, and we should encourage them to become permanent US residents so that they can drive innovation and economic growth alongside America’s native-born talent.”