Category Archives: Innovation

What Happens When China Overtakes the US in R&D Spending?

Having spent the last two weeks visiting several leading Chinese research centers, two things are clear: First, China’s basic scientific capabilities still lag those of the US. Second, the gap is closing as China progressively increases across-the-board spending on basic science as well as technology commercialization. American’s assumption of permanent US technology leadership is clearly … Continue reading What Happens When China Overtakes the US in R&D Spending?