., Europe, and Japan are slipping in relation to emerging economies” The U.S., Europe, and Japan no longer monopolize the R&D arena because emerging Asian economies are expanding their share of global R&D investment. This is a major finding of the 2014 “Science & Engineering Indicators.” The biennial report is the product of the National Science Board, the policy-making body for NSF and an advisory panel to Congress. “Emerging economies understand the role science and innovation play in the global marketplace and in economic competitiveness and have increasingly placed a priority on building their capacity in science and technology,” says Dan E. Arvizu, chairman of the National Science Board. Emerging economies’ focus on R&D is rapidly changing the scientific landscape, adds Arvizu, who is director and chief executive of the National Renewable Energy Laboratory. According to the report, in terms of global R&D expenditures in 2011, the U.S. remains the leader, holding just under a 30% share. The U.S. portion is down from 37% in 2001. One-third of global R&D expenditures came from Asia, with 15% coming from China and 10% coming from Japan. The European Union held a 22% share of global R&D in 2011, down from 26% in 2001.
by Susan R. Morrissey |
February 13, 2014