New Report Outlines Trends in U.S. Global Competitiveness in Science and Technology

The United States remains the global leader in supporting science and technology (S&T) research and development, but only by a slim margin that could soon be overtaken by rapidly increasing Asian investments in knowledge-intensive economies.

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Asian countries are rapidly closing ranks on U.S. leadership

The United States remains the global leader in supporting science and technology (S&T) research and development, but only by a slim margin that could soon be overtaken by rapidly increasing Asian investments in knowledge-intensive economies. So suggest trends released in a new report by the National Science Board (NSB), the policymaking body for the National Science Foundation (NSF), on the overall status of the science, engineering and technology workforce, education efforts and economic activity in the United States and abroad.

"This information clearly shows we must re-examine long-held assumptions about the global dominance of the American science and technology enterprise," said NSF Director Subra Suresh of the findings in the Science and Engineering Indicators 2012 released today (Jan. 17). "And we must take seriously new strategies for education, workforce development and innovation in order for the United States to retain its international leadership position," he said.

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