A recent report published in Washington last week said, that India produced a quarter of the estimated 7.5 million students in science and engineering bachelor degrees making it the highest among all countries.
According to the annual Science and Engineering Indicators 2018 report of the National Science Foundation, the US is on top of the list regarding expenditure in research and development.
China continues to grow at an exceptional pace in science and engineering. Although United States has been the international leader in this field, with China’s growth in science and technology, a decline is seen in the US’s worldwide contribution in science and technology.
As per this study done in 2014 and published in 2018:
- US granted the maximum number of science and technology doctoral degrees (40,000) of any country
- China granted 34,000 degrees,
- Russia granted 19,000,
- Germany granted 15,000,
- the United Kingdom granted 14,000 and
- India granted 13,000
Bachelor Level Degrees:
- India accounted 25% of more than 7.5 million grants in science and engineering bachelor’s degrees in 2014 followed by China (22%), the EU (12%) and finally the US (10%).
- Since 2000 in China the number of science and engineering degrees has increased by 300%.
However, the US is left behind in bachelor’s level degrees.
The extent of science and engineering publications has become more universal. Between the years 2004-14, the international share of the publications of the US along with citations has gone up from 47% to 56%
Science and engineering international publications are mostly done by, the UK (57%), followed by France (55%) and Germany (51%). The US accounts to about 37% with international collaborations, up 12% from 2006.
Research & Development
According to the report, the US spends the most in research and development, presents the most advanced degrees, gives most business, financial and information services, and also is the biggest producer in high-technology manufacturing sectors.
Likewise, the US had the maximum investment (about $70billion), accounting a bit more than 50% of the worldwide share. 26% of the total venture capital funds goes to China.
Nations also have expertise in other fields of research with the US, EU and Japan publishing largely in the medical and biological sciences field, while India and her neighbor China looks mainly in engineering sectors, said the report.