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Asia stake rises as U.S. sheds R&D investment

Posted By aaron On January 19, 2010 @ 5:13 pm In Old Infowars Posts Style,Science & Technology | Comments Disabled

Alice Lipowicz
Federal Computer Week
January 19, 2010

The United States’ share of global technology research and development spending is eroding, while Asian countries are expanding those investments, according to a new report released by the White House.

[efoods]The North American share of R&D investment dropped to 35 percent in 2007, from 40 percent in 1996, according to the Science and Engineering Indicators 2010 report. The report is released every two years by the National Science Board. Asia’s share rose to 31 percent, from 24 percent, and the European Union’s dropped to 28 percent, from 31 percent, according to the report.

Overall, world investment in research and development rose to $1.1 trillion in 2007, from $525 billion in 1996. Of the 2007 total, the United States spent $369 billion; Asia, $338 billion; and the European Union, $263 billion.

The report also looks at global workforce trends. In the United States, more than one-half of the doctorates in natural sciences and engineering awarded in 2007 were earned by temporary and permanent visa holders from other nations.

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