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Texas Instruments CEO Tom Engibous Encourages Renewed Government Support of Basic Research

Keynote at First Conference of Texas Academy of Science, Engineering and Medicine Challenges Texas Universities to Increase Collaboration

Jan 6, 2004

SAN ANTONIO (Jan. 6, 2004) – Texas-based Nobel Laureates and inductees in the National Academies of Science and Engineering and the Institute of Medicine heard Tom Engibous, president, chairman and CEO of Texas Instruments cite the need for federal funding of more basic research. In his keynote speech at the first annual Texas Academy of Science, Engineering and Medicine (TASEM) Conference in San Antonio today, Engibous challenged the participants to create an environment of greater cooperation and collaboration. (See http://www.ti.com/corp/docs/investor/speeches/2004/tasemjan.shtml for prepared remarks.)

“Whether the United States continues to be the world leader in the 21st century will depend on what we do with R&D and education,” said Engibous. “Given all the resources in Texas, this state can play a critical role in shaping the future. But helping this state live up to its potential will take vision, hard work and a healthy dose of courage to do the right thing.”

Highlighting the declining funding for engineering and physical sciences in the past few decades while funding for life sciences has increased, Engibous suggested increased federal investments in the physical sciences would demonstrate commitment to future generations and ensure that new discoveries come from the US rather than other nations.

Engibous expressed his appreciation of Senator Kay Bailey Hutchinson’s work in increasing federal R&D funding in Texas and for her vision in establishing TASEM. He also thanked the members of the newly formed Texas Academy for their contributions in making Texas a center of scientific achievement. Encouraging greater cooperation and collaboration among government, academia and industry in this state, Engibous cited examples of cooperative efforts that have yielded positive results for the state and encouraged members to accelerate the pace of change.


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