U.S. losing high-tech jobs, R&D dominance to Asia
Categories: News, Rumors and Gossip
From the I Wonder Why? dept.:
U.S. companies are locating more of their research and development operations overseas, and Asian countries are rapidly increasing investments in their own science and technology economies, the National Science Board (NSB) reported this week.
While the U.S. remains the global leader in science and technology R&D, that lead is narrowing, asserts NSB, the policymaking body for the National Science Foundation. In particular, 10 countries in Asia -- China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand -- are closing ranks on U.S. leadership in science and technology.
U.S. companies are locating more of their research and development operations overseas, and Asian countries are rapidly increasing investments in their own science and technology economies, the National Science Board (NSB) reported this week.
While the U.S. remains the global leader in science and technology R&D, that lead is narrowing, asserts NSB, the policymaking body for the National Science Foundation. In particular, 10 countries in Asia -- China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand -- are closing ranks on U.S. leadership in science and technology.
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