Exporting U.S. high tech : facts and fiction about the globalization of industrial R&D

The rise of international economic integration means that production globalization is often a matter of survival for corporations. As businesses globalize, American high-technology companies are taking great interest in newly industrializing countries and their pools of skilled labor. American industries once retained research and development (RD now many are setting up shop throughout the world. What effects will this strategy of know-how and technology transfer have on the U.S. economy? Based on a year-long study group funded by the Sloan Foundation and chaired by Rodney Nichols of the New York Academy of Sciences, this Report examines the effects of RD continue strong federal support of basic research; and invest in better data collection efforts on the extent and effects of R&D globalization. These policies will help the United States maintain its international leadership role in science and technology well into the 21st century.