Should We Worry U.S. Is Losing Market Share in Science and Technology?

Lydia Depillis parses the latest National Science Board’s 2014 set of indicators. “The big takeaway is how America’s doing in relation to the rest of the world: Not great, at least in terms of the percentage of the world’s research funding comes from here.”

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The good news: We spend twice as much in absolute terms than our nearest competitor, China, at $429 billion in 2011 compared to $208 billion. And knowledge-intensive industries are accounting for more of our GDP.”

The bottom line: “The report’s authors … seemed to want to convey that the U.S. should stay on its toes, and not get ‘complacent.'”

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