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October 5th, 2007
Abstract:
Most people are unaware of just how rapidly such strategies, driven by a new global economic calculus, are reshaping the competitive landscape. By 2010, for example, experts estimate that Beijing will have the world's largest nanotechnology research infrastructure, with 10 times as many researchers in one location as any comparable U.S. facility. The second-largest by then? Shanghai. And while America retains its lead in the life sciences, countries from China to Hungary are striving to become world-class players and realize world-class economic payoffs. And they are succeeding. Countries we don't even acknowledge as serious competitors are beginning to outpace us in some vital areas as we squander our long-held advantage.
Source:
forbes.com
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