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US universities losing hundreds of billions as top Chinese scientist and researchers go home to Chi Kwabena Ofori Osei 62 Views • 2 years ago

Research and Development (R&D) is a major profit center for the top universities in the United States. Besides the nearly $100 billion they earn in grants from the US government and private sources, university-based researchers create patents and inventions that generate many more billions annually.

China is the largest foreign source of scientists and researchers, and they are concentrated in the hard sciences and in engineering, where over 95% of R&D spending takes place. But since 2018, Chinese scientists are increasingly deciding to return to China to set up new research departments. Of those who are still in the US, over 60% admit they are strongly considering moving, and over half now refuse to work on projects that involve funding by US government sources.

To American universities, the loss of these scientists, along with future contributions to scientific research and commercial applications and market value, are incalculable. But losses probably already exceed a trillion dollars, given the departures of so many top scientists in Artificial Intelligence, Big Data, medicine, biochemistry, materials science, nanotechnology, and quantum computing.

Resources and links:

More Chinese Students Are Staying in China to Study
https://erudera.com/news/more-....chinese-students-are

Surge in Chinese Scientists Leaving US for Home Institutions
https://erudera.com/news/surge....-in-chinese-scientis

Caught in the crossfire: Fears of Chinese–American scientists
https://www.pnas.org/doi/10.1073/pnas.2216248120

Scientists of Chinese descent leaving the US at an accelerating pace
https://www.chemistryworld.com..../news/scientists-of-

Reverse Brain Drain? Exploring Trends among Chinese Scientists in the U.S.
https://sccei.fsi.stanford.edu..../china-briefs/revers

Resources on the Patent Revenue Budget Model
https://financeandbusiness.ucd....avis.edu/bia/budget/

R&D Expenditures at U.S. Universities Increased by $8 Billion in FY 2022
https://ncses.nsf.gov/pubs/nsf24307

South China Morning Post, Nanotech pioneer Wang Zhonglin leaves US to work in China ‘full time’
https://www.scmp.com/news/chin....a/science/article/32

SCMP, The Chinese scientists leaving top US universities to take up high-profile roles in China, boosting Beijing in its race for global talent
https://www.scmp.com/news/chin....a/science/article/32

Closing scene, Suzhou, Jiangsu

IS NIGERIA SAFE? 7 "CRITICAL" Safety TIPS For EVERY VISITOR TO LAGOS | Lagos Travel Guide Baka Omubo 48 Views • 5 years ago

IS NIGERIA SAFE? 7 "CRITICAL" Safety TIPS For EVERY VISITOR TO LAGOS | Lagos Travel Guide Ep.3

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