Hopefully, the flames have subsided. Here is a note from the NY Times regarding the rise of research in Asia.
What do the China experts think this portends? Bernasek, Anna. 2006. "The State of Research Isn.t All That Grand." New York Times (3 September). "In their 2006 forecast, Battelle and R&D magazine said .major increases in the funding of offshore operations will have an impact on the United States R.& D. enterprise.. The magazine found that 40 percent of the American high-tech industry already had a research and development presence in Asia, and, of that share, about one-third plan to increase their presence. That comes as other nations are ramping up their research investments. In recent years, China and South Korea, in particular, have increased government spending on research by 10 percent or more annually, according to the American Association for the Advancement of Science." "According to a recent survey by the consulting firm Booz Allen Hamilton and Insead, the French business school, China and India will account for 31 percent of the world.s research and development personnel by the end of 2007, up from 19 percent in 2004." -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com
