Economics

India And Silicon Valley: Now The R&D Flows Both Ways

U.S. Programmers at Overseas Salaries It’s the great unanswered business-economic question of our day: How do we replace the hundreds of thousands of information-technology, call-center, paralegal, and other jobs rapidly exiting the U.S. for India, Russia, and other low-wage countries? The main answer that the so-called experts put forth, without a lot of conviction, is that we’ll create new “high-value” ...

Well, Korea isn’t going to let grass grow under it’s feet. They plan to hold 10% of the world biotech market by 2012. The (Korean) government has finalized its plan to build the country into the world’s seventh largest biotechnology player by 2012. Under the plan, Korean companies seek to capture 10 percent of the global market in the next ...

Well, some people are bullish about biotech’s future. The US Department of Commerce projects that the biotech sector is set to grow. They surveyed industry execs and found optimism. They also found most biotech is small business (