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We need another Sputnik

Quotes from Politics & Ideas: How to Step Up the Tech Fight Against China - WSJ 2021-03-03. I found the article through my public library.

The U.S. is standing still. As recently as 2001,
America's annual investment in research and
development exceeded China's by more than $300
billion. But according to a recent report from the
American Academy of Arts and Sciences, Chinese
investment exceeded ours for the first time ever
last year. During the past two decades, China's
research and development as a share of its economy
has more than tripled.

There are other indications of the U.S. slipping.
Over the past two decades, the number of
bachelor's degrees China awards annually has more
than quadrupled and now exceeds that of America,
the European Union and Japan combined. Although
the U.S. continues to grant more doctoral degrees
in science and engineering, the gap has narrowed

Two decades ago, American researchers published
four times as many peer-reviewed articles in the
science and engineering disciplines than their
counterparts in China. China received fewer than
20,000 patents two decades ago, but this figure
rose to more than 400,000 by 2018, exceeding
annual U.S. patent grants by more than 100,000.


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