Science and Engineering: Innovation, Research, Education and Economics
May 16, 2005
Science Funding Dips In U.S. While Soaring In China

Science Funding Dips In U.S. While Soaring In China by Cynthia Tucker, Editorial in the Atlanta Journal-Constitution:

Writing this month in The Wall Street Journal, Norman Augustine, a former CEO of Lockheed Martin Corp., and Burton Richter, a Nobel laureate in physics, said:

“As a percentage of GDP, federal investment in physical science research is half of what it was in 1970. (By contrast), in China, R&D expenditures rose 350 percent between 1991 and 2001, and the number of science and engineering Ph.D.s soared 535 percent.”

Update: link broken so removed the link to the original article.

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