This paper develops four propositions that show that changes in the global job market for science and engineering (S&E) workers are eroding US dominance in S&E, which diminishes comparative advantage in high tech production and creates problems for American industry and workers: (1) The U.S....

(1) The U.S. share of the world's science and engineering graduates is declining rapidly as European and Asian universities, particularly from China, have increased S&E degrees while US degree production has stagnated

As the U.S. loses its monopoly in high technology, policymakers are calling for increases in the number of science and technology graduates and in R&D investment. We believe these proposals fail to recognize what is distinctive about the emerging global economy. Our studies of engineering in...