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US Losing R&D Dominance To Asia?

bednarz writes "U.S. companies are locating more of their R&D operations overseas, and Asian countries are rapidly increasing investments in their own science and technology economies, the National Science Board said in a report released this week. The number of overseas researchers employed by U.S. multinationals nearly doubled from 138,000 in 2004 to 267,000 in 2009, for example. On the education front, the U.S. accounts for just 4% of undergraduate engineering degrees awarded globally, compared to China (34%), Japan (5%), and India, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand (17% collectively). 'The low U.S. share of global engineering degrees in recent years is striking; well above half of all such degrees are awarded in Asia,' NSB said in its report."

3 of 461 comments (clear)

  1. Re:asian all the way down.... by Anonymous Coward · · Score: 0, Troll

    Am i the only one who sees this news as a Good Thing? It seems to create a better balance in the world... Americans already have a dominant army, dominant political influence, and vast amounts of natural resources and farming land. It's advantageous for other parts of the world to take ownership of other industries like high-tech.

    Perhaps Americans think they're in competition with everybody else and therefore should be dominant in everything at any cost, but the rest of us like to play nice with the world and we have no problems getting our latest technology from Asia.

  2. Re:Then change the preferences to lock Asia out. by s73v3r · · Score: 0, Troll

    There are other criteria for admissions than just cash.

    And citizenship should NOT be one of them.

  3. Re:Train the US citizens instead, thwart offshorin by s73v3r · · Score: 1, Troll

    Do you really love this country, or do you have some wish to have the US bow before the world?

    Quit being an idiot. Pointing out problems does not give any indication as to whether someone doesn't like the country or not.