ARE THERE ANY GREAT INVENTORS/ENTREPRENEURS LEFT IN AMERICA?
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COMMENTS:
I wish there were, I think it's become to risky these days. Come up with a new controversial idea, and they might arrest the inventor as a possible terrorist or put him on a "No Fly" list.
The United States establishes more patents each year than any other country. As for outsourcing, we outsourced $32 billion dollars in jobs, but imported $58 billion. In other words, more countries came to us to do work than we sent out. Notice how you rarely hear about that though? We spend more money on R&D than any other country. Look into it.
Open up any science or technology magazine and you'll see them. Their work may be misrepresented but you'll get the gist of it. Their existence has little bearing on outsourcing.
thc makes a point I'd like to reiterate -- the number of inventers/ entrepreneurs has nothing to do with the level of offshoring/ outsourcing.
Why? Because offshoring and outsourcing deal with production and distribution; inventors and such deal with concept -- different aspects of Business. After an inventor comes up with an idea, the growing trend will be to set up operations in India or somewhere in order to start production of the newly conceived product. This is why I have repeatedly asserted to those people who have assured us that "the quality of US jobs will go up as we offshore the drudgery jobs" -- that viewpoint has no basis in Business reality.
Yes. Their inventions just haven't hit the market yet.
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