It's commonly thought that even though globalization was shifting manufacturing jobs from America to lower-cost, more efficient, off-shore competitors, the U.S. retained a vast lead in high-end innovation. But are the powerful forces of globalization now leading to the off-shoring of America's innovation and R&D? New statistics from the National Science Foundation (via Mike Mandel) certainly point in that direction.
Way back in 1990, I wrote a book titled The Breakthrough Illusion with Martin Kenney that argued that the U.S. had developed a powerful capacity for venture capital-backed innovation, but that the actual manufacturing and production of those innovative new products - and the jobs that flow from that - was increasingly being shifted off-shore.
To read the full, original article click on this link: The Global Innovation Paradox - Science and Tech - The Atlantic
Author: Richard Florida
