Caroline Wagner at The Conversation:
For 80 years, the U.S. operated the most productive scientific and technological enterprise in human history. Breakthroughs and advances that came from American labs included the internet; the mRNA vaccine; the transistor and its children, semiconductors and microprocessors; the Global Positioning System; and many more.
U.S. scientific and technological leadership was nurtured by sustained public investment in research universities and federal laboratories, as well as a culture of open inquiry. These investments turned scientific discovery into economic strength – accounting for more than 20% of all U.S. productivity growth since World War II.
In contrast, China had previously spent little to nothing on research and development. Some estimates show that China was among the lowest research spenders worldwide in 1980.
More here.
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