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Foreign Participation in U.S. Research and Development: Asset or Liability? (Prospering in a Global Economy) - Softcover

National Academy Of Engineering; Committee On Foreign Participation In U.S. Research And Development

 
9780309050951: Foreign Participation in U.S. Research and Development: Asset or Liability? (Prospering in a Global Economy)

Synopsis

During the past decade, foreign participation in U.S. research and development--through acquisition of R&D-intensive businesses, links with universities, and other arrangements--has expanded rapidly. This emergence of foreign influence has drawn a mixed response--some regard the trend as a positive corollary to the expanding involvement of U.S.-owned companies in national markets abroad. Others consider it a net liability for Americans that often benefits foreign companies and their home economies at U.S. expense. There exists a large gap in expert and public understanding of the drivers, nature, and consequences of foreign participation in the nation's technology enterprise. This volume seeks to close this gap and reviews * The nature of R&D activities and how they contribute to economic development. * The causes, scope, and nature of foreign involvement in U.S.-based R&D activity and the associated costs, risks, benefits, and opportunities of this trend. * The merits and liabilities of policies to regulate foreign R&D participation.

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About the Author

Proctor P. Reid and Alan Schriesheim, Editors; Committee on Foreign Participation in U.S. Research and Development, National Academy of Engineering

From the Back Cover

During the past decade, foreign participation in U.S. research and development - through acquisition of R&D intensive businesses, links with universities, and other arrangements - has expanded rapidly. This emergence of foreign influence has drawn a mixed response from the U.S. R&D community, policymakers, and the public. Although public pressure for placing greater restrictions on foreign R&D involvement is mounting, there exists a large gap in expert and public understanding of the drivers, nature, and consequences of foreign participation in the nation's technology enterprise. This volume seeks to close this gap and improve the quality of private and public policy responses to the challenges and opportunities presented. The book reviews the nature of R&D activities and how these activities contribute to economic development; the causes, scope, and nature of foreign involvement in U.S.-based privately and publicly funded R&D activity and the associated costs, risks, benefits, and opportunities of this trend for the United States; and the merits and liabilities of existing as well as proposed policies to regulate foreign participation in U.S. R&D.

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