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US lead in science and technology shrinking: Emerging economies shifting global S&T landscape

from National Science Board

The United States' predominance in science and technology eroded further during the last decade, as several Asian nations — particularly China and South Korea — rapidly increased their innovation capacities. According to a new report released by the National Science Board, the policy making body of the National Science Foundation and an adviser to the president and Congress, the major Asian economies, taken together, now perform a larger share of global R&D than the U.S., and China performs nearly as much of the world's high-tech manufacturing as the U.S. more

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