Current and Future Challenges for U.S. Manufacturing

55. U.S. R&D Spending Lead Over Emerging Markets Narrows

For more than a half-century, the United States has led the world in science and innovation. In today’s competitive world, our country can no longer take its supremacy for granted. Aggregate R&D spending by 6 large and fast-growing economies for which reliable data exist (Brazil, China, India, Russia, Korea, and Taiwan) reached 71 percent of the U.S. level in 2010, up from 25 percent just 10 years prior. If current trends continue, R&D spending in these key emerging markets may exceed U.S. levels by the end of this decade.

To Innovation

54

China's Industrial Emissions Are Greater Than Other Top Countries Combined

55

U.S. Dominance in Product Innovation Begins to Slip

56

Minimal Change in Share of Federal R&D Funding at Public Universities and Colleges Allocated to Engineering and Science Fields

57

Minimal Change in Federal Funding for Physical and Life Sciences

58

U.S. Affiliates of Foreign Companies Are Highly Innovative