ABSTRACT
As described throughout this book, the changing global map of knowledge creation capacity underlies the globalization of knowledge. Indeed, by the end of 2006, China had overtaken Japan in R&D spending, becoming the world’s second highest national research spender. Recording a growth of 77 percent between 1995 and 2004, China now has the second largest number of researchers (926,000), just behind the United States (with more than 1.3 million).3 Advanced economies are now facing competition from well-educated,
yet still low-wage, entrepreneurs and workers in newly emerging economies like China and India.
