[photopress:mba_china_technology.jpg,full,alignright]Technology indicators show China ahead of the U.S. in technological standing. There is little doubt that this is due to a new focus on higher education which, in turn, has supplied China with access to a more educated work force.
The research for this came from a study carried out by the Georgia Institute of Technology.
The study’s indicators predict that China will soon pass the United States in the critical ability to develop basic science and technology, turn those developments into products and services – and then market them to the world.
Nils Newman, co-author of the National Science Foundation-supported study, said, ‘For the first time in nearly a century, we see leadership in basic research and the economic ability to pursue the benefits of that.’
Georgia Tech has been gathering the high tech indicators since the mid-1980s, when the concern was which country would be the ‘next Japan’ as a competitive producer and exporter of technology products. And the answer is China.
Nils Newman used colorful imagery to suggest the difference: ‘It’s like being 40 years old and playing basketball against a competitor who’s only 12 years old – but is already at your height. You are a little better right now and have more experience, but you’re not going to squeeze much more performance out. The future clearly doesn’t look good for the United States.’ Read the full story in Source.
Source: Georgia Tech