The science/technology gap between emerging and developed economies is closing due to increased research and development (R&D) investment, according to the U.N. Educational Scientific and Cultural Organization's (UNESCO's) 2010 Science Report. The report says the global financial crisis of 2008 caused R&D investment in advanced economies to decline, while China, India, and Brazil have led the emerging world in catching up to their developed counterparts because the crisis had less of an impact on them. Asia's portion of gross domestic R&D spending rose from 27 percent to 32 percent between 2002 and 2007, while R&D spending fell in the European Union, the United States, and Japan.
UNESCO director general Irina Bokova says science and technology players that previously held a dominant position are ceding that leading status to "a multi-polar world with an increasing number of public and private research hubs spreading" to more emerging economies.
Still, UNESCO reports that the United States, Europe, and Japan still lead in terms of both patents and favored hubs for researchers and scientists. The bulk of global patent volumes is controlled by the U.S. Patent and Trademark Office, the European Patent Office, and the Japan Patent Office, and their patents are widely considered to be of high quality.
From Xinhua News Agency
View Full Article
Abstracts Copyright © 2010 Information Inc., Bethesda, Maryland, USA
No entries found