The argument is that Silicon Valley isn't doing enough pure research and will therefore be eclipsed by outfits in other countries where pure research has better

The argument is that Silicon Valley isn't doing enough pure research and will therefore be eclipsed by outfits in other countries where pure research has better funding. The data is pretty anecdotal -- an Indian PhD who says India now offers a better chance at success for his children than the US and a $5MM grant to a research program in China to fund nanotechnology research -- but it's interesting food for though.