Saturday, February 8, 2014

Last men standing – US Graduate schools

A recent report from the NSB (National Science Board) and the National Science Foundation (NSF) portray a gloomy picture for the US – showing the majority of the R&D shifting East and the lion’s share of the technology manufacturing moving to China. Measuring innovation content of countries has always been tricky. For example, the elite engineering schools of India, the Indian Institute of Technology (IIT), with arguably the first call on the best talent in India for over 50 years, have failed to produce any breakthrough innovation for all of its history. Any misguided comparisons of it to the top graduate schools in the US is just that – totally misguided.

Innovation is not necessarily about technical know-how – it is about the ability to combine multi-disciplinary knowledge into practical stuff. Diving deep, albeit being interesting from a theoretical perspective, has never been proven to be a profitable strategy. Institutions that have contributed to the progress of mankind by high innovation always practiced the art of multi-disciplinary learning. Efficient production of one-dimensional people is not a good thing – neither for the individual nor for the countries that engage in it.

The top graduate schools in the US, continue to be the pillars of open innovation. Stealing and replication can take one only so far.