{"content":[{"text":"Extracted from Managing Technology for Profit, \n A Small Business Guide \n © Robert Muir \n R&D STRATEGIES FOR BUSINESS","bbox":{"left":0.147059,"top":0.045061,"width":0.705984,"height":0.077815}},{"text":"GLOBAL COMPETITION—THE U.S. PERSPECTIVE","bbox":{"left":0.147059,"top":0.147855,"width":0.455108,"height":0.024305999999999994}},{"text":"The U.S., and most developed nations, are undergoing radical changes that affect their \n ability to compete both domestically and internationally:","bbox":{"left":0.147059,"top":0.186015,"width":0.705973,"height":0.037636}},{"text":"•","bbox":{"left":0.169118,"top":0.24007,"width":0.009019,"height":0.018562000000000023}},{"text":"Erosion of their manufacturing industries and a shift from basic smokestack and \n rural economies to service and specialty product industries.","bbox":{"left":0.198529,"top":0.239348,"width":0.6545080000000001,"height":0.037636999999999976}},{"text":"•","bbox":{"left":0.169118,"top":0.293479,"width":0.009019,"height":0.018562000000000023}},{"text":"Impact of global competition. The same technology that created the 747 also \n created the ability to move large amounts of goods and services anywhere in the \n world within 24 hours.","bbox":{"left":0.198529,"top":0.292757,"width":0.6544080000000001,"height":0.054985000000000006}},{"text":"•","bbox":{"left":0.169118,"top":0.364237,"width":0.009019,"height":0.018562000000000023}},{"text":"Increasing demands on their education systems to produce more scientists and \n engineers and to accelerate R&D at universities and colleges and in the public and \n private sectors.","bbox":{"left":0.198529,"top":0.363515,"width":0.6544460000000001,"height":0.054985000000000006}},{"text":"In a survey published by Research & Development magazine in the late 1980s, two- \n thirds of the CEOs of America’s top 476 industrial companies said that the U.S. is falling \n behind other nations in R&D. The corresponding published trade figures for technology- \n related industries, supported by R&D, suggest they’re right. And, except for the advent of \n China, plus some developments in telecommunications, this picture has changed little in \n the last 5 years.","bbox":{"left":0.147059,"top":0.433136,"width":0.7062010000000001,"height":0.10733299999999996}},{"text":"U.S. Trade Imbalances \n Technology Intensive Industries","bbox":{"left":0.343629,"top":0.557704,"width":0.34956400000000004,"height":0.04460900000000012}},{"text":"Industry Surplus/(Deficit) \n ($US billion,Cumulative 1996) \n Aircraft, airplane parts 10.3 \n Professional, scientific, control instruments 4.3 \n Synthetic plastics 4.2 \n Specialized machinery 3.3 \n Medical and pharmaceutical products 1.9 \n Organic chemicals and products 1.4 \n Power generating equipment (0.2) \n Rubber tires and tubes (0.6) \n Metalworking machinery (0.7) \n Paper and paperboard (1.1) \n Watches and clocks (1.1) \n Iron and steel mill products (3.7) \n TV, VCR, and sound equipment (5.5) \n Electrical machinery (9.5) \n Fibers and textiles (14.6) \n Motor vehicles and parts (26.4)","bbox":{"left":0.176471,"top":0.615985,"width":0.526804,"height":0.268317}},{"text":"Prometheus Equity Partners Pty Ltd \n Web: www.pepvc.com","bbox":{"left":0.344216,"top":0.918667,"width":0.28215399999999996,"height":0.03680300000000003}},{"text":"2","bbox":{"left":0.843137,"top":0.918742,"width":0.009804000000000035,"height":0.020212000000000008}}],"images_bbox":[],"images_bbox_not_text_overlap":[]}