The Numbers:
Spending on scientific research & development, 2007:
| North America: | ~ $393 billion |
| Europe: | ~ $290 billion |
| Asia: | ~ $320 billion |
What They Mean:
India’s medieval mathematicians invented the zero and modern numerals around 500 AD. Engineers in neighboring China dreamed up paper, explosives, the compass, and movable type. But the 17th-century Scientific Revolution came not in Asia but the west, and so did the 20th century’s medicines, airplanes, radio, computers, spacecraft, TV sets, and telecom gear.
Why? Albert Einstein, wondering about the issue in 1922, blamed Asia’s high populations and low labor costs for slowing invention. ("In both India and China the low price of labor has stood in the way of the development of machinery.") A half-century later, British history-of-Chinese-science master Joseph Needham speculated that Europe had jumped ahead by inventing capitalism, which meant competition among businesses for customers and therefore innovation. The question remains interesting — but only in an historical sense, because Asian science has roared back to life.
Asia’s most sophisticated economies have been among the world’s heaviest researchers for years. Japan’s $130 billion in R&D spending amounted to 3.2 percent of Japanese GDP, far above the rich world’s 2.1 percent average and topped only by Israel and Sweden. (The United States was at 2.7 percent, Australia 2.2 percent, Canada 2.0 percent, and Europe 1.7 percent.) Korea’s $38 billion in research spending outstripped Britain’s $35 billion, and made up 3.0 percent of GDP. Taiwan and Singapore are also well above the world’s rich-country average.
Science is reviving in the two giants as well. Chinese research spending, relative to GDP, has doubled in a decade from 0.8 percent to 1.5 percent. In dollar terms, China’s $85 billion spending ranks third or fourth in the world (depending on exchange rates), roughly at par with Germany. India’s science spending is about $24 billion and about 0.8 percent of GDP. And within the last three or four years — likely for the first time in four centuries — Asia’s research spending topped Europe’s. The United States still tops the world, at $370 billion to Asia’s $320 billion and Europe’s $290 billion … but for how long?
Love Nature 