U.S. behind India, China in research & hi-tech

Tuesday, 30 November 2010, 18:55 IST   |    12 Comments
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U.S. behind India, China in research & hi-tech
Washington: The U.S. is gradually losing ground to India and China in research and high-tech manufacturing, a top Obama Administration official has said, while highlighting the need to collaborate with the two countries in various fields. "Will we maintain America's innovation leadership, or are we going to fall behind? And I would say, let's seize this opportunity and we really can't afford not to," U.S. Energy Secretary Steven Chu said at the National Press Club here. In less than 15 years, China has moved from 14th place to second place in published research articles, now just behind the U.S., he noted. "Eight of the 10 global companies with the largest R&D budgets in the world are establishing R&D facilities in China or India or both.
Source: PTI
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