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Technology: A dip in the valley
- ximeng 16y agoYour referer may need to be from Google - try the first link in http://www.google.com/search?hl=en&q=Technology%3A%20A%20dip%20in%20the%20Valley http://www.google.com/search?hl=en&q=Technology%3A%20A%2... Last paragraph sums up fairly well: If it is not to become left behind in businesses such as these, the industry’s leaders say, it is time for a policy rethink. “Simply put, the US needs to decide it is ‘open for business’ and willing to compete in the global marketplace for factories and jobs,” says Paul Otellini, chief executive of Intel. “Costs are higher here, not driven by labour rates but rather by lack of incentives or tax credits that are available to US corporations in most other countries.” Without education reform, there will be a “critical engineering skills gap [that] will ultimately translate into fewer jobs and inventions in this country”.