An excellent report by the RAND corporation on "US competitiveness in Science and Technology"

Executive summary:

The RAND report analyzes demographical data relating to the US technical occupations and academia acquired over years. The main intent of the report is to enlighten the reader of the current state of US competitiveness in the field of science and technology. This includes, academia, IT industry, engineering industry, and other science related fields. The report claims that US has not lost its edge in technological competitiveness, although other major players like India and China have emerged in the past. It also asserts that the ability of the US to attract and retain foreign talent in these fields have greatly supported its success. It indicates that in order for US to remain competitive in these fields, it must continue to foster top quality science and technology education at home, as well as augment its ability to attract and retain foreign talent.