US lead in science and technology shrinking

Cover of 2014 Science and Engineering Indicators report. The United States' (U.S.) predominance in science and technology (S&T) eroded further during the last decade, as several Asian nations--particularly China and South Korea--rapidly increased their innovation capacities. According to a report released today by the National Science Board (NSB), the policy making body of the National Science Foundation (NSF) and an advisor to the President and Congress, the major Asian economies, taken together, now perform a larger share of global R&D ... More at http://www.nsf.gov/news/news_summ.jsp?cntn_id=130380&WT.mc_id=USNSF_51&WT.mc_ev=click
This is an NSF News item.