Is America Falling Off the Flat Earth? (2007) / Chapter Skim
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THE COMPETITIVENESS EQUATION -- THE INNOVATION ECOSYSTEM
THE COMPETITIVENESS EQUATION -- THE INNOVATION ECOSYSTEM
Pages 61-64
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From page 61... ...
Between 2012 and 2020, China will pass the United States to become the largest consumer market in the world. By 2030 China alone is expected to have more middle-income consumers than the entire population of the United States at that time.
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From page 62... ...
Many nations offer "tax holidays" for a specified period when new entities establish themselves within the nations' borders. In the early 1990s, the United States ranked first among OECD nations in offering tax incen tives for R&D; but by 2004, it had fallen to 17th place.
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From page 63... ...
Whatever the cause, the result is clear, and it is not a formula for survival in the emerging, intensely competitive world. It is presumably because of such considerations that only 41% of the global corporations responding to a recent survey ranked the United States as an "attractive" location for new R&D facilities, compared with 62% for China.
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From page 64... ...
IS AMERICA FALLING OFF THE FLAT EARTH? So in the Libyan fable it is told That once an eagle, stricken with a dart, Said, when he saw the fashion of the shaft, "With our own feathers, not by others' hands, Are we now smitten."
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