An interesting report from Oxford Analytica entitled “SCIENCE/TECHNOLOGY: R&D moves to developing countries” has the following rather worrying conclusion.
“A combination of economic and social pressures may push
more advanced research out of Europe and the United States and into
growing economies that have a human capital base that can support
science and technology research. The unintended consequence of
greater scrutiny of research in industrialised countries, which
inevitably increases the financial and transaction costs of research,
may be to reinforce this trend.”
With nanofear being this weeks zeitgeist, and mounting evidence of this trend, it’s a conclusion worth bearing in mind.