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Feb 07 2014

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US science and technology lead evaporating

. However…

One of the most notable S&T trends of the last decade has been the increased innovation capacity of emerging economies as they narrowed many gaps with the West. However, the U.S. S&T enterprise remains the global leader. For example, the U.S. invests twice as much as any other single nation in R&D, despite slipping to tenth in world ranking of the percentage of its GDP it devotes to R&D. In 2011, the U.S. spent $429 billion on R&D, compared to China’s $208 billion and Japan’s $146 billion. Among other S&T metrics, the U.S. leads in high quality research publications, patents, and income from intellectual property exports.

I say offer more Challenges and Prizes to spur technology and research.

Permanent link to this article: http://www.newspaceraces.com/2014/02/07/us-science-and-technology-lead-evaporating/

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