Well, We're WAITING....
Posted on 11/10/2004 10:33:43 AM PST by Willie Green
For education and discussion only. Not for commercial use.
New Delhi, Nov. 10 (NNN): America is likely to lose its overall lead in technology and innovation sector to Asian nations such as India, China, South Korea, Malaysia, Taiwan and Singapore, according to a top foreign policy expert.
Adam Segal, Senior Fellow at the Council on Foreign Relations writes in the latest issue of Foreign Affairs that though American technical dominance remains solid, the globalisation of research and development is exerting considerable pressure on the American system.
In addition to the increasing science and research and development budgets, India, China, South Korea and Taiwan are now shifting from top-down, state directed technology policies to more flexible, market-oriented approaches, Segal pointed out.
The US will never be able to prevent other countries from developing new technologies, he said, adding it can remain dominant only by continuing to innovate faster than others but 'that won't be easy.'
Segal further writes that the number of Americans pursuing advanced degrees in the sciences and engineering is declining, and university science and engineering programmes are growing more dependent on foreign-born talent.
In particular, Indian companies, he pointed out, are quickly becoming the second-largest producers of application services in the world, developing, supplying, and managing data bases and other types of software for clients around the world.
Also, the percentage of patents issued to and science journal articles published by scientists in China, Singapore, South Korea and Taiwan is rising. South Korea has rapidly eaten away at the U.S. advantage in the manufacture of computer chips and telecommunications software.
I suppose that's why they wanted to come to school in the USA.
I know, ;^)
Great! Maybe we can finally get some software that works.
Well why not--We train 'em and ship 'em jobs thanks to Microsoft, etc.
Oooooooo.... Mr. Newbie grows impatient!
I've been offering a solution for a looooong time around here.
We need a level playing field that offers the economic incentive to attract our best and brightest to these vital sectors that are under attack.
A shift in federal tax policy is the simplest way to accommodate this. Levy a relatively low (10~15%), flat-rate "revenue tariff" on ALL imported goods, and couple that with a corresponding reduction in the domestic corporate income tax. That policy shift would make our domestic market less hostile to business investment, and the employment opportunities would become more attractive to our most educated and creative citizens.
As long as highschools and colleges teach that science and technology are out-dated, Euro-centric failures and the really important stuff is Marxism and queer theory, this trend is likely to continue.
its a done deal already. US tech is dead. the comment in the article about americans bailing out on engineering degrees is the death knell for the future.
but we will have plenty of lawyers!
the only other possibility is a collapse in the dollar, to make the investment of US companies on offshore efforts more expensive. but china would have to drop their peg, and we would need a 40-50% decline in the dollar to make this happen. that would be $5 gas.
Well I knew that you figured that I knew that you knew that I knew you were.
But if it's so obvious to US, why is Dubya so clueless?
Maybe then we'll buy back all of our 7-11 stores!
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