Since the 1950s, the United States and the West have set the standards for prosperity, productivity and innovation. But the share of Asia in global R&D is climbing; and based on recent statistics,the region could soon displace the West as the global R&D driver.
China is no longer the factory of the world Photo Credit: Dmitry Kalinovsky / Shutterstock.com
Global innovation is shifting toward Asia and China – faster than anticipated.
Image: China is no longer the factory of the world Photo Credit: Dmitry Kalinovsky / Shutterstock.com
To read the original article: The ‘Asianisation’ Of Global Innovation | Economy Watch
