The story comes through loud and clear in the data. You have to have an environment that fosters the development of a high-quality work force and productive collaboration between corporations and universities if America wants to maintain a competitive advantage in research and development. |
While costs are higher in the U.S. and other developed countries, these economies still have a comparative advantage in R&D because of the high caliber of their scientists, particularly given the IP environment. Not everything's moving to China and India. |