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Researchers at the University of Sheffield and Aston Business School have found investment in Research and Development (R&D) is rapidly shifting from North America and Europe to Asia, resulting in a small elite club of regions, in both the advanced and developing world, that are dominating the global knowledge economy. In the new findings published today (date), the researchers found that companies in advanced regions such as Silicon Valley in the US, Cambridge in the UK, Ottawa in Canada and Helsinki in Finland, are increasingly establishing partnerships and networks with companies and universities in fast-developing Asian regions. |