• Sep20

    Outsourcing Innovation: World R&D Spending Toward A Tech-Savvy Asia /Wall Street Journal Asia - IMF Special Report (Sept 2006)

    Author: Peggy Anne Salz

    It used to be that companies flocked to Asia to satisfy their appetite for the short-term cost-cutting advantages of wage arbitrage. But today it’s high-end innovation — not low cost labor — that is the region’s main attraction.

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