US multinational corporations have stepped up the pace at which they are offshoring their R&D operations, says a new Science & Engineering Indicators report from the National Science Board (NSB). In 2009, the number of new R&D jobs based overseas grew to 27% of the R&D workforces at US multinationals, compared with 16% in 2004. Since 2004, about 85% of R&D employment growth in US multinational corporations has been abroad.
This is a national disgrace, not to mention being a serious national security issue. To read more, click here.