Abstract
Abstract: An important aspect of globalization is the role of science and technology whereby nations and regions exhibit their capacity for scientific and technological innovations. Even though ideas, knowledge and expertise have no borders, some areas are better positioned to embark on scientific discovery and innovation than others. Even though production of scientific knowledge in one area ultimately spills over in another, differences are likely to continue. Scientists, engineers, and entrepreneurs are highly mobile professionals who move easily beyond local and regional economic opportunities. These experts appear to prefer to locate in areas with sound scientific research and innovation infrastructure on the one hand and intellectual and scientific brain power on the other.
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