June 5, 2011

Asian spending grows

Nature Volume: 472, Page: 506 (2011)
doi:10.1038/nj7344-506c

Published online
27 April 2011

This article was originally published in the journal Nature

A rise in research budgets signals future growth in the region's scientific job market.

China, Turkey, Iran and other Asian countries are spending more on research, says a report, making creation of science jobs likely. Knowledge, Networks and Nations, released on 28 March by the Royal Society in London, finds that China expects to spend 2.5% of its gross domestic product (GDP) on research by 2020, and India hopes to reach that goal by 2022. South Korea has pledged that research spending will reach 5% of GDP by 2012. Turkey increased its expenditure six-fold between 1995 and 2007, and Iran is forging industry–academia links in nanotechnology and biotechnology. The report recommends easing cross-border movement to help scientists fill the research posts that will arise as a result.
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