We are still 5 days short of our two-month anniversary on this weblog. I am going to try and do some more data mining before the 7th of June, but shortly after that date I am going to turn towards deeper analysis of data already collected. After the 7th, I will be doing research aimed at clarifying points brought up during the first two months' work.
What have we learned so far?
- Only 10 of 25 sectors explored are growing at a rate that would double every 5 years
- In areas that are heavily favoured by government or private industry, a sector can grow even faster than a 5-year doubling rate. But in areas that are not so favoured, growth ranges from a 10-15 year doubling rate (typically)
- In the U.S. this is correlated with an erosion of federal funding for research
- Growth in Asian knowledge engines (university enrollment, funding, patenting) does not overcome a decline in OECD states. It tracks GDP growth, and appears to be at a level that will barely sustain development in their domestic economies
- The increase in the availability of existing knowledge to more people is dramatic, and perhaps may compensate for the less-than-hoped-for growth in new knowledge.
So let's see what happens next.
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