Slide title: Global Competition

Slide words:
The emerging economies comprise roughly 80 percent of the world’s population. They accounted for well over half of the increase in global output in 2005.
For the first time in recent memory, the U.S. high-technology trade balance turned negative in the past several years.
Strong growth in the number of applications for U.S. patents by foreign-resident inventors, particularly from Asia, attests to the increase in technological sophistication in other parts of the world.
Of scientists and engineers employed in R&D activities, China has the second most in numbers in the world behind only the U.S.

Design by: Adrian Apodaca, National Science Foundation