| Losing Dominance - Is the U.S. Lagging Behind in S&T? |
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A few early signs of possible loss of speed
in the U.S. R&D enterprise have drawn a great deal of attention in
this country. That attention has quickly overflowed the limited science
policy expert circles to reach the mass-circulation press and wider
political debate. In the beginning, it was the release in April of the
biennial Science and Engineering Indicators report, a reliable,
generally undisputed reference for S&T policy analysts and policy
makers. Its figures of research investment and S&T output show that
"some non-OECD economies, including China, the Russian Federation and
Taiwan, are slowly raising their spending relative to that of the OECD
members;" that the U.S. share of publications in the world's key
journals "continues to decline, indicative of the development of
cutting-edge research capabilities elsewhere" [fig. 0-8]; that while
the U.S. trade balance in knowledge-intensive products remains largely
positive, "it is showing signs of a gradual decline;" and that a stable
U.S. market share (and declining export share)
of high-tech products is beginning
 to be challenged by the rapidly
growing market (and export) shares of China, South Korea and other
Asian countries.
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