Last updated on: June 28, 2006 at 1:48 am
By
Desh Kapoor
Guys.. its not about sweatshops for coding anymore. In case you didnt realize .. the high end stuff is going away too. I find it funny that the "patriots" in the US are trying to stop the Mexicans coming in!! The major scientific edge will go away.. as the 'apprenticeship layer" - the lower end research jobs that train folks to grow higher will be gone.. as well as the high end stuff!! Contrary to popular belief, it is intellectual capital and university collaboration, not just lower costs, that primarily attract companies to locate R&D activities in locations away from their home country, according to a new study sponsored by the Ewing Marion Kauffman Foundation. The study of more than 200 multinational companies across 15 industries, mostly headquartered in the United States and Western Europe, finds that emerging countries such as China and India will continue to be major beneficiaries of R&D expansion over the next three years as companies seek new market opportunities, access to top scientists and engineers, and collaborative research relationships with leading universities. The study was released at a meeting of the Government-University-Industry Research Roundtable (GUIRR) of the National Academies. It was conducted by Marie Thursby, Ph.D., Professor of Strategic Management, Georgia Tech College of Management, and Jerry Thursby, Chair of the Department of Economics, Emory University, with sponsorship by the Kauffman Foundation. Read more