In recent years, the German Federal Government has moved research and innovation closer to the core of its growth policy. It has consistently given priority to education, research and innovation. The German Federal Government’s research and innovation policy measures were…
Japan is a leading nation in scientific research, particularly technology, machinery and biomedical research. Nearly 700,000 researchers share a US$130 billion research and development budget, the third largest in the world (McDonald, 2006). Japan is a world leader in fundamental…
The Chinese Government as a matter of policy rewards those who return to china with a new technology (David, 2009). This is a measure taken to develop the Chinese technology and hence enhance their economy. China’s central government, local governments,…
The global economy has no doubt, got the privilege of boosting itself up with the advances and proliferation of the technologies across various borders. Between 1991 and 2000, the US economy grew at an exceptional rate. The gross domestic product…
British or UK Economy “In these tough economic times for our world we look to science to provide new solutions, new technologies, new opportunities to further our common goals” (STFC, 2011). This statement was made by Rt Hon…