The US place in the global R&D race

According to a report in Fast Company, a recent report by UNESCO indicates that, while the US and Europe still dominate global research and development, their lead may be shrinking fast:

The United States has decreased its research and development (R&D) prowess and is increasingly threatened by the scientific capabilities and innovations of developing countries like India and China, indicates a UNESCO report released today. The UNESCO Science Report reveals that Asia has increased its global share of R&D to 32%, up from 27% in 2002, and the global share of R&D out of the EU, Japan, and the U.S. combined has decreased from 83% to 76%, though they remain the leader in number of yearly patents initiated. . . .

The news is in line with recent Fast Company reporting about the decline of America’s competitiveness and dwindling quality of math and science education, as well as emerging “South-South” collaborations between India and African nations, especially in infrastructure development and vaccine research.The changing trends point to the ever-increasing role of India and China and to some extent South Africa in providing the world with leading scientific and technological discoveries.

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