The Evolution of Technological Globalization

Abstract

This article presents an analysis of current trends in technological globalization, focusing on comparisons of the scale and dynamics of the development of the science and technology sectors in various countries. In particular, the article highlights the trends toward outstripping growth of the research and development sphere in non-Western countries, toward an increase in the share of the private sector in investment in research and development, to the transformation of China into one of the world’s technological leaders, and the expansion of its technology companies in other countries. The article compares the structure of research and development by country and industry measurements and provides information on the benefits and limitations of the current model for including China in technological globalization.