Global Markets Institute
Table of Contents
Introduction 3
The new geography of global innovation 3
Pipeline concerns and the role of human capital 4
New geography demands a policy response 4
The new geography of global innovation 4
Shifting patterns of R&D investment 4
The corporate sector drives the increase in spending 5
Employment by US multinationals is shifting toward growth markets. 8
Shifting patterns of innovative activity 9
Pipeline concerns and the role of human capital 11
More students are studying outside the G7 … 11
… and more of them are studying science and engineering 11
Educational pipeline feeds a rapidly aging skilled labor force 14
New geography demands a policy response 15
Immigration policy 15
Innovation policy 16
Education policy 17
Conclusion 19
Bibliography 21