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CONCLUSION

I believe we are the most innovative nation on the planet, and we still have the best research universities in the world. We are still the king of the hill in R&D in most fields. We have these comparative advantages—a strong science and technology base and a free-market economy built on a substrate of democracy and freedom.

But I leave you with this paranoid thought. The enemy I fear most is complacency. We have work to do in this country. I very much look forward to hearing your thoughts and what you can learn and teach us all about the real, evolving nature of globalization.

REFERENCES

COSEPUP (Committee on Science, Engineering, and Public Policy). 2007. Rising Above the Gathering Storm: Energizing and Employing America for a Brighter Economic Future. Washington, D.C.: The National Academies Press.

Feldman, S. 2005. Presentation at Carnegie-Mellon University, June 29, 2005. IBM Research.

Friedman, T. 2005. The World Is Flat: A Brief History of the Twenty-First Century. New York: Farrar, Straus and Giroux.

Lucky, R.C. 2006. Personal Communication.

NSB (National Science Board). 2006. Science and Engineering Indicators. Arlington, Va.: National Science Foundation.

Palmisano, S.J. 2006. The globally integrated enterprise. Foreign Affairs 85(3): 127–136.

PCAST (President’s Council of Advisors on Science and Technology). 2004. Sustaining the Nation’s Innovation Ecosystems: Report on Information Technology Manufacturing and Competitiveness. Available online at http://www.ostp.gov/PCAST/FINALPCASTITManuf%20ReportPackage.pdf.

Rai, S. 2006. Profit Rises 53% at Infosys, a Top Indian Outsourcing Company. New York Times, October 12.

Sengupta, S. 2006. Skills Gap Hurts Technology Boom in India. New York Times, October 17.

Wadhwa, V., G. Gereffi, B. Rissing, K. Kalakuntla, S, Cheong, Q. Weng, and N. Lingamneni. 2005. Framing the Engineering Outsourcing Debate: Placing the United States on a Level Playing Field with China and India. Pratt School of Engineering, Duke University. Available online at http://memp.pratt.duke.edu/downloads/duke_outsourcing_2005.pdf.

Wilson, D., and R. Purushothaman. 2003. Dreaming with BRICS: The Path to 2050. Global Economics Paper 99. New York: Goldman Sachs. Available online at http://www2.goldmansachs.com/insight/research/reports/99.pdf.



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