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Figure
1 Gross Domestic Product
(GDP) per capita for Hong Kong and the US over the past 40 years


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Figure
2 Total expenditure on
R&D as a percentage of GDP in 1998 (from World Competitiveness Yearbook,
2000)

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3 GERD in Singapore over
recent years (a) Public and private sector expenditures in R&D (b)
GERD/GDP ratio |
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4 GERD in Taiwan over recent
years (a) Public and private sector expenditures in R&D (b) GERD/GDP
ratio |
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5 Postulated long-term trend
in the GERD/GDP ratio of nations as the degree of technological sophistication
of an economy evolves. At the beginning of this time series, the private/public
R&D investment ratio is 30/70. Towards the end it becomes 70/30. |
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6 Total R&D personnel per
1000 population in 1998 (from World Competitiveness Yearbook, 2000) |
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