Innovation and Economic Crises by Richard Florida
"Like virtually every other facet of the economy, it has been - and continues to be - reshaped by globalization. As we saw on Wednesday, foreign non-resident inventors have become a key element growing U.S. patenting and a big piece of the American innovation system. Beginning around 1980, non-resident inventors essentially closed the gap with U.S. inventors. By the late 1990s, they had pulled even and were at times outpacing U.S. inventors. This is part and parcel of the globalization of the economy and the fact that the U.S. is the biggest market and most innovative nation on the planet."
