bednarz writes "U.S. companies are locating more of their R&D operations overseas, and Asian countries are rapidly increasing investments in their own science and technology economies, the National Science Board said in a report released this week. The number of overseas researchers employed by U.S. multinationals nearly doubled from 138,000 in 2004 to 267,000 in 2009, for example. On the education front, the U.S. accounts for just 4% of undergraduate engineering degrees awarded globally, compared to China (34%), Japan (5%), and India, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand (17% collectively). 'The low U.S. share of global engineering degrees in recent years is striking; well above half of all such degrees are awarded in Asia,' NSB said in its report."
Attend or create a Slashdot 20th anniversary party! DEAL: For $25 - Add A Second Phone Number To Your Smartphone for life! Use promo code SLASHDOT25. Check out the new SourceForge HTML5 Internet speed test. ×