Confidence in U.S. as dominant innovator rises
China, the main threat, drops, new global survey finds
Computerworld - On the issue of global competitiveness, it's between the U.S. and China.
India may have most of the IT services and development work, but China has tech manufacturing and its R&D investments are rapidly expanding.
Indeed, China is on track to overtake the U.S. in R&D spending in about 10 years if federal support for research stays flat or declines.
But for now at least, a global survey 811 technology business leaders by KPMG gives the U.S. an edge in what may be a mercurial index that rises and falls with the overall economy. The survey got opinions from executives at large and mid-sized firms, as well as tech startups and investors.
When asked last year which country showed the most promise for disruptive breakthroughs, the survey was tied between the U.S. and China at 29%. That was a consequence of high scores among China respondents against weak confidence levels by U.S. respondents.
But in the latest survey, 37% of the respondents said the U.S. has the most promise for disruptive breakthroughs, versus 24% in China. India was third at 10%.
"People are a bit more optimistic and bullish on the U.S.," said Gary Matuszak, global chair, KPMG's Technology, Media and Telecommunications practice. He credited the gain to improvements in the U.S. economy as China's economy has slowed a little.
KPMG believes that China's innovation push will be driven by domestic consumption, and a desire by Chinese consumers for local brands.
One of the survey's more provocative questions concerns the fate of Silicon Valley. Last year, 44% of the respondents believed that it was likely that the "technology innovation center of the world," Silicon Valley, would shift to another country in the next four years. But this time only 33% of the responders believed that shift would happen. Among U.S. respondents, only 25% believed Silicon Valley was threatened.
"It's very difficult -- very difficult -- for anyone individual country, let alone a city, to develop the eco- system and the infrastructure that exist in the valley," said Matuszak.
Patrick Thibodeau covers cloud computing and enterprise applications, outsourcing, government IT policies, data centers and IT workforce issues for Computerworld. Follow Patrick on Twitter at @DCgov or subscribe to Patrick's RSS feed . His e-mail address is firstname.lastname@example.org.
Read more about IT Industry in Computerworld's IT Industry Topic Center.
- 15 Non-Certified IT Skills Growing in Demand
- How 19 Tech Titans Target Healthcare
- Twitter Suffering From Growing Pains (and Facebook Comparisons)
- Agile Comes to Data Integration
- Slideshow: 7 security mistakes people make with their mobile device
- iOS vs. Android: Which is more secure?
- 11 sure signs you've been hacked
Changing the Way Government Works: Four Technology Trends that Drive Down Costs and Increase Productivity
This paper discusses four technology-based approaches to improving processes and increasing
productivity while driving down department and agency costs.
- Aberdeen Group: Marketing Analytics for Manufacturing: Forging Customer Insights There are no recalls for poor marketing. Manufacturers need to get their customer intelligence and messaging right the first time. Learn how.
- The Brave New World of Customer-Centric Manufacturing The Unique Opportunity for Manufacturers to Better Understand their Consumers
- See the Possibilities Utilizing Data Visualization Do you simply want to collect data, or do you want to derive business insights from it? What if you could quickly and...
- Webinar: Building a Big Data solution that's production-ready Big data solutions are no longer just a nice-to-have.
- Meg Whitman presents Unlocking IT with Big Data During this Web Event you will hear Meg Whitman, President and CEO, HP discuss HAVEn - the #1 Big Data platform, as well... All IT Industry White Papers | Webcasts