Conference Session

Engineering Management Division Technical Session 3

Collection

2015 ASEE Annual Conference & Exposition

Authors

Sara Jansen Perry, Baylor University; Emily M Hunter, Baylor University; Steven C. Currall, University of California, Davis; Ed Frauenheim, The Great Place to Work Institute

Tagged Divisions

Engineering Management

corporations in the 2010 BusinessWeek Top 25Most Innovative Companies list were based outside the United States31. This may be in partbecause US companies are investing less in basic research59. But US federal government fundingof R&D as a fraction of GDP has also dropped; from 1964 to 2004, it decreased by a startling 60percent42,60. Amid these trends, the US share of global R&D dropped from 38 to 31 percentbetween 1999 and 200942,59. Asian countries had a larger share than the US for the first time in200959. Since 2008, foreign-origin patents have consistently exceeded the number of US-originpatents in the US Patent Office76. Perhaps most notably, China increased patent filings by 24percent in 2012 alone, compared to only 7.8 percent in the