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How can we end the vicious cycle of disinvestment where US companies are establishing technology development facilities in China, India, and other emerging economies?
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Strengthen our nation’s education system...
Strengthen our nation’s education system in K-12. Encourage more U.S. students to study engineering, math and science.
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Ease visa restrictions on talented foreigners...
Ease visa restrictions on talented foreigners who want to enter U.S. universities and industries.
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Outbid other countriesas they offer benefits...
Outbid other countries as they offer benefits to attract R&D activities. This is HUGE.
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With eased Visas and an equal playing field in the...
With eased Visas and an equal playing field in the funding of R&D there might not be as much of a desire to leave the US.
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At the end of the past century...
At the end of the past century, the United States was spending far more on R&D than Japan and nearly twice as much as Germany, France, and the United Kingdom combined.
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Its not just that that the wages are lower. H1B Visas bring lower cost workers to the US. Its that other countries foster R&D by paying for it.