Should We Worry U.S. Is Losing Market Share in Science and Technology?
Posted at 10:12 a.m. on Feb. 7, 2014
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.”
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.'”