Posts about economy

USA Losing Scientists and Engineers Educated in the USA

The USA continues to lose ground, in retaining the relative science and engineering strength it has retained for the last 50 plus years. As I have said before this trend is nearly inevitable – the challenge for the USA is to reduce the speed of their decline in relative position.

A new open access report, Losing the World’s Best and Brightest, explores the minds of current foreign science and engineering students that are studying in the USA. This is another in the list of reports on similar topics by Vivek Wadhwa and Richard Freeman. And again they point out the long term economic losses the USA is setting up by failing to retain the talent trained at our universities. It is a problem for the USA and a great benefit for countries like India and China.

“Foreign students receive nearly 60% of all engineering doctorates and more than half of all mathematics, computer sciences, physics and economics doctorates awarded in the United States. These foreign nationals end up making jobs, not taking jobs,” said Wadhwa. “They bring insights into growing global markets and fresh ideas. Research has shown that they even end up boosting innovation by U.S. inventors. Losing them is an economic tragedy.”

According to the study’s findings, very few foreign students would like to stay in the United States permanently—only 6% of Indian, 10 percent of Chinese and 15% of Europeans. And fewer foreign students than the historical norm expressed interest in staying in the United States after they graduate. Only 58% of Indian, 54% of Chinese and 40% of European students wish to stay for several years after graduation. Previous National Science Foundation research has shown 68% of foreigners who received science and engineering doctorates stayed for extended periods of time, including 73% of those who studied computer science. The five-year minimum stay rate was 92% for Chinese students and 85% for Indian students.

The vast majority of foreign student and 85% of Indians and Chinese and 72% of Europeans are concerned about obtaining work visas. 74% of Indians, 76% of Chinese, and 58% of Europeans are also worried about obtaining jobs in their fields. Students appear to be less concerned about getting permanent-resident visas than they are about short-term jobs. Only 38% of Indian students, 55% of Chinese, and 53% of Europeans expressed concerns about obtaining permanent residency in the USA.

On the tonight show yesterday, President Obama said

we need young people, instead of — a smart kid coming out of school, instead of wanting to be an investment banker, we need them to decide they want to be an engineer, they want to be a scientist, they want to be a doctor or a teacher.

And if we’re rewarding those kinds of things that actually contribute to making things and making people’s lives better, that’s going to put our economy on solid footing. We won’t have this kind of bubble-and-bust economy that we’ve gotten so caught up in for the last several years.

Eric Schmidt, Google CEO, recently expressed his frustration with the policies discouraging science and engineering graduates staying in the USA after they complete their education.

That is a brilliant [actually not brilliant at all] strategy take the best people hire them in American universities and then kick them out” It happens. “Its shocking.” It happens. “I know we are fighting against it.” “We America remain, by far the place of choice for education, particularly higher education.”

Related: Invest in Science for a Strong EconomyScience, Engineering and the Future of the American EconomyUSA Under-counting Engineering GraduatesLosing scientists and engineers will reduce economic performance of the USADiplomacy and Science Research

FreeWave’s Data Radios Bring Employee Bonuses

It is easy with the existing economic news to think things are bleak everywhere. But even within the current climate companies find success. Founded in 1993, FreeWave Technologies is a world leader in the innovative design and manufacture of ISM Band radios and wireless data solutions. Their data-transmitting radios span the globe from the Middle East to Mount Everest; from the Amazon Rainforest to Antarctica to New York. They are used by defense contractors, oil and gas companies, city and county municipalities and industrial manufacturers.

photo of Hedy LamarrHedy Lamarr from the trailer for the film Boom Town, 1940

FreeWave’s data radios are based on Frequency Hopping Spread Spectrum Technology. Spread Spectrum was originally created for the U.S. Navy during World War II to prevent the Germans from “jamming” American radio transmissions for radio-guided torpedoes. The technology was invented by Hedy Lamar, a famous movie star of the 1940’s. The original radios contained a roll of paper slotted like a player piano to cause channel switching. Hedy’s close friend, Inventor/Musician George Antheil, designed the first successful synchronization device that brought Hedy’s idea to fruition. In 1941, Hedy and George were granted a U.S. patent for the first “Secret Communications System.” The original system used merely 88 frequencies. Today, the switching is controlled in embedded firmware code that enables a radio to change frequencies hundreds of times per second and use more than 100 channels.

Engineering these radios is something the company takes quite seriously. And hiring the best talent is part of this philosophy. Every single employee considers it his/her job to ensure that customers receive top-notch service seven days a week. This extends all the way through the organization up to senior management. FreeWave is so dedicated to making its customers front and center that it provides 24-hour technical support – even rotating senior management to be on call at nights and on the weekends.

The privately held company is based in Boulder, Colorado, the company offers network design, pre-installation engineering services and manufactures its own radios (manufacturing them in Boulder).

FreeWave’s increase in revenues of 112 percent from 2003 to 2007. The company has paid this bonus every six months since the first one was paid in July 1995. Over the past year, FreeWave has invested in expanding its facility to accommodate more staff; growing its manufacturing space and capabilities; dedicating more resources and technology to its product development; increasing its customer and partner training; and, investing in marketing and sales.
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Eric Schmidt on Google, Education and Economics


Eric Schmidt, March 6th, 2009 interview by Charlie Rose:

  • “From our perspective, I think the YouTube acquisition and the Doubleclick acquisition, which are the two large acquisitions we did last year, and the year before, have been phenomenally successful.”
  • He also mentioned the idea of teachers today creating online hubs of information on educational areas, as well as lesson plans. See our Education Resources for Science and Engineering
  • And Flu Trends
  • “We needed the stimulus package, because the stimulus package had, among other things, $20 billion for science and education funding… Real wealth is created by businesses, not by financial engineering, and by businesses that provide new products that solve new problems.”
  • Why do you assume the best students in the world are going to come to America? “Because they choose to come here right now… That is a brilliant [actually not brilliant at all] strategy take the best people hire them in American universities and then kick them out” It happens. “Its shocking.” It happens. “I know we are fighting against it.” “We America remain, by far the place of choice for education, particularly higher education.
  • Technologists as a group tend to be more analytical, more data driven, more personally liberal (more willing to tolerate the differences among people, more global in their focus… [technologists] as a group believe you can literally change the world from technology.”

Related: Eric Schmidt on Management at GoogleEric Schmidt Podcast on Google Innovation and EntrepreneurshipLarry Page and Sergey Brin InterviewMarissa Mayer Webcast on Google InnovationLarry Page on How to Change the World

Canadian Oil Sands

Canadian oil sands sitePhotograph by Peter Essick, National Geographic

Canadian Oil Boom

To extract each barrel of oil from a surface mine, the industry must first cut down the forest, then remove an average of two tons of peat and dirt that lie above the oil sands layer, then two tons of the sand itself. It must heat several barrels of water to strip the bitumen from the sand and upgrade it, and afterward it discharges contaminated water into tailings ponds like the one near Mildred Lake. They now cover around 50 square miles.

The Alberta government estimates that the province’s three main oil sands deposits, of which the Athabasca one is the largest, contain 173 billion barrels of oil that are economically recoverable today. “The size of that, on the world stage—it’s massive,” says Rick George, CEO of Suncor, which opened the first mine on the Athabasca River in 1967. In 2003, when the Oil & Gas Journal added the Alberta oil sands to its list of proven reserves, it immediately propelled Canada to second place, behind Saudi Arabia, among oil-producing nations. The proven reserves in the oil sands are eight times those of the entire U.S. “And that number will do nothing but go up,” says George. The Alberta Energy Resources and Conservation Board estimates that more than 300 billion barrels may one day be recoverable from the oil sands; it puts the total size of the deposit at 1.7 trillion barrels.

But the free market does not consider the effects of the mines on the river or the forest, or on the people who live there, unless it is forced to. Nor, left to itself, will it consider the effects of the oil sands on climate. Jim Boucher has collaborated with the oil sands industry in order to build a new economy for his people, to replace the one they lost, to provide a new future for kids who no longer hunt ptarmigan in the moonlight. But he is aware of the trade-offs. “It’s a struggle to balance the needs of today and tomorrow when you look at the environment we’re going to live in,” he says. In northern Alberta the question of how to strike that balance has been left to the free market, and its answer has been to forget about tomorrow. Tomorrow is not its job.

This is a good article by National Geographic. We need energy. We also need to protect the environment. The trade-offs societies decide to make are often not easy. But open discussion of the issues is important.

Related: Wind Power Provided Over 1% of Global Electricity in 200759 MPG Toyota iQ DieselSolar Thermal in Desert, to Beat Coal by 2020Bigger Impact: 15 to 18 mpg or 50 to 100 mpg?

Billions for Science in Stimulus Bill

Science wins big in US economic plan

Democratic leadership in the US House of Representatives unveiled on Thursday an $825 billion economic stimulus bill that includes tens of billions of dollars in new funding for basic research, science infrastructure and clean-energy initiatives.

House appropriators would pump $3 billion into the National Science Foundation (NSF), $2 billion into the National Institutes of Health (NIH), $1.9 billion into the Department of Energy and $1.5 billion into university research facilities. Much of that money would be directed toward science infrastructure like renovating buildings or laboratories, but the NSF and NIH would receive $2 billion and $1.5 billion respectively that could be used to pay for thousands of basic research grants that have already been approved but for which there was previously not enough money.

It will be interesting to see how this plays out. And short term spikes in funding are problematic for numerous reasons. But I have long argued for the value of investing in science and engineering excellence for long term economic benefit. I am worried the government will fail to provide adequate strategic thought to investments.

Today is Martin Luther King Day in the USA: Watch the entire I Have a Dream Speech.

Related: Science and Engineering in Global EconomicsEngineering the Future EconomyThe Future is EngineeringChina and USA Basic Science ResearchTapping America’s Potential

Britain’s Doctors of Innovation

photo of Susannah FlemmingSusannah Fleming, a PhD student at the University of Oxford life sciences interface doctoral training centre. She is developing a monitoring system to assess children when they first present to medical care. Source

Minister of State for Science and Innovation, Lord Drayson, announced the £250million (about $370 million) initiative which will create 44 training centres across the UK and generate over 2000 PhD students. They will tackle some of the biggest problems currently facing Britain such as climate change, energy, our ageing population, and high-tech crime.

17 of the centers will put specific emphasis on integrating industrial and business skills with the PhD education. This approach to training has been extensively piloted by EPSRC through a small number of thriving Engineering Doctorate Centres and Doctoral Training Centres in Complexity Science, Systems Biology and at the Life Sciences Interface. This new investment builds on the success of these and will establish a strong group of centres which will rapidly establish a pre-eminent international reputation for doctoral training.

The multidisciplinary centres bring together diverse areas of expertise to train engineers and scientists with the skills, knowledge and confidence to tackle today’s evolving issues. They also create new working cultures, build relationships between teams in universities and forge lasting links with industry.

As I have said before I think countries are smart to invest in their science and technology futures. In fact I believe creating centers of science and technology excellence is a key to future economic wealth.

Full press release: £250 Million to Create New Wave of Scientists and Engineers for Britain

Related: UK Science and Innovation GrantsUK Science and Research FundingNew Engineering School for EnglandBasic Science Research FundingBest Research University Rankings, 2008 (UK second to USA)Britain’s big challenges will be met by doctors of innovation

Federal Circuit Decides Software No Longer Patentable

The Bilski Decision Is In: Buh-Bye [Most] Business Methods Patents

This was an appeal against a rejection of a business methods patent, and the appeals court has now agreed with the rejection. At issue was whether an abstract idea could be eligible for patent protection. The court says no.

Buh-bye business methods patents!

Court Reverses Position on Biz Methods Patents

The ruling in the case, called In re Bilski, largely disavowed the controversial State Street Bank case of 1998. There, the Federal Circuit opened the door to business method patents, which had until then been excluded from patent protection, by granting protection to a system for managing mutual fund accounts. The decision, according to its detractors — which included several members of the Supreme Court — had led to the issuance of weak patents and exposed financial services companies to high-dollar litigation over business method patents.

Related: Ex Parte Bilski: On the BriefsPatent Policy Harming USA, and the worldAre Software Patents Evil?Patent Gridlock is Blocking Developing Lifesaving DrugsThe Pending Problem With PatentsMore Evidence of the Bad Patent System

Science, Engineering and National Development in Nigeria

Science and national development

In spite of urbanization, Nigeria remains essentially an agricultural country, since about 80 percent ‘of our population continues to engage in agriculture.

The application of science and technology has made it possible to carry out agricultural activities in areas hitherto considered impossible. A good example is the state of Israel, which has successfully engaged in agriculture in the desert through intelligent application of irrigation and information technology. Israel has literally made the desert bloom.

With increased crop yields, a new problem arises, namely, storage and retardation of spoilage. Again, science and technology come to the rescue. Modem storage silos designs and chemical fumigation are available to facilitate long term storage without spoilage.

We have illustrated and drawn a correlation between advances in science and national economic development. Fortunately this country is endowed with brilliant men and women who have distinguished themselves in the physical, biological and medical sciences, engineering and technology. The country is also rich in natural resources; therefore, we have no reason to remain underdeveloped if only we apply suitable policies to harness the available talents to achieve meaningful and sustained development. We can borrow a leaf from the Asian tigers to seek our own niches for focused advancement. This is the challenge for our leaders in all tiers of government.

As I have said numerous times the development and application of science, engineering and technology solutions is an important factor to economic success.

Related: Science and Engineering in Global EconomicsAfrica Turning to China and India for Engineering and Science EducationDiplomacy and Science ResearchAfrica ScientificScience Serving SocietyInvest in Science for a Strong Economy

Wind Turbine Manufacturing in Colorado

Vestas picks Pueblo for plant

Danish wind turbine manufacture Vestas Wind Systems has chosen Pueblo for what it has said is a nearly $240 million manufacturing plant to build the steel towers needed to hold wind turbines aloft, state officials said Friday.

Two weeks ago, on Aug. 15, Gov. Ritter announced that Vestas was building two new manufacturing plants in Brighton. The wind-blade production plant and nacelle assembly factory represent a $290 million capital investment and will bring 1,350 new jobs to Colorado.

Just months before that, in March, the company opened Vestas Blades America Inc., a $60 million manufacturing plant in Windsor, north of Denver, employing about 464 people to build blades for wind turbines. Before that plant was even finished, the company announced in November 2007 that it would increase the plant 50 percent in size, production and employee numbers.

This is a reminder that manufacturing output continues to grow in the USA. In June they received an order for 500 MW in the USA. In October Vestas has received orders for 102 MW of turbines from Italy and 99 MW of turbines from Spain.

Related: Wind Power Provided Over 1% of Global Electricity in 2007Wind Power Potential to Produce 20% of Electricity Supply by 2030Home Use Vertical Axis Wind Turbine

Reducing Poverty

photo of Rita Bashnet

Today is blog action day, which this year is focused on poverty. We have highlighted various uses of appropriate technology, many of which help those in poverty improve their lives. Such as: Water Pump Merry-go-Round and Smokeless Stove Uses 80% Less Fuel.

I am also very interested in using micro loans to help entrepreneur improve their lives – I have written about Kiva before. Kiva fellows are funded by Kiva (fellows are unpaid) to go to spend time in the countries Kiva facilitates loans for working with the local partners. This post is about Rita Bashnet (in photo) an entrepreneur from Nepal:

Field visits are by far the best part about being a Kiva Fellow. You’re given the opportunity to hop on a motorbike, hike up a village trail, and actually see the impact of a Kiva loan firsthand.

Five years ago, Ms. Rita took her first loan of NRs. 10,000 (USD $150) and purchased some extra seed and fertilizer in the hopes of expanding her small vegetable patch. With the profits from this initial investment and a second loan from Patan Business and Professional Women (they offer a graduated loan program), she then purchased her first dairy cow.

After hearing about a program that subsidized the installation of methane gas storage tanks, Ms. Rita took another loan and applied for the program. With this new system, she is now able to capture the valuable gas released from her cow’s waste in a simple controlled-release storage tank. Today she no longer purchases gas from the city and can even sell some during times of shortage.

Ms. Rita exemplifies the potential of microfinance. A combination of access to capital and strategic investment has allowed her and her family to drastically improve their economic situation in a short five years.

Great story, and exactly my hope for using capitalism to improve the standard of living for people around the globe.

If you haven’t loaned money through Kiva, please consider it now. If you do (or already have a Kiva page), send me your Kiva lender link and I will add it to Curious Cat Kivans. I would love to add more of our readers to that page.

Related: Using Capitalism to Make a Better WorldAppropriate TechnologyFixing the World on $2 a DayTrickle Up

59 MPG Toyota iQ Diesel Available in Europe

image of seating in the toyota iQ

59 MPG Toyota iQ On Sale In Europe, US Plans Unclear

With lower carbon dioxide emissions than the Prius — around 159 grams of CO2 emitted per mile by the 1.0 liter gas engine and 166 g/mile for the diesel version — not only does the iQ deliver on fuel economy, but its straight-up conventional engine is a pollution winner too.

At just about 9.8 feet long, 5.5 feet wide and 4.9 feet tall, Toyota certainly has pulled of a near engineering miracle with the amount of stuff they’ve crammed into this tiny vehicle. Toyota claims the iQ can fit 3 adults and 1 child “comfortably.”

Toyota expects to sell about 80,000 of them a year in Europe.

I own some Toyota stock (and bought a bit more recently) based on their excellent management and production system and the results they have achieved (so I pay attention to what they are doing – plus I own them because they do things I see as wise so it is a self reinforcing dynamic). Business week recently wrote about Ford’s 65 mpg Diesel Car the U.S. Can’t Have.

I owned Ford stock back when they were adopting Deming based management principles but when they dropped those to pursue short sighted goals and poor management practices I sold and bought Toyota (turned out to be a very wise decision – my mistake was holding Ford too long hoping they would realize their mistake).

Related: Toyota Engineering Development ProcessToyota Cultivating Engineering TalentToyota Winglet, Personal TransportationToyota iUnitToyota iQ media kit (lots of details)

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