The Corridor Journal of Strategic Alliances Long Island - Global | Page 6

The Global Economy and the

INNOVATION MACHINE

Dr. Satya Sharma

Executive Director
The Center of Excellence in Wireless
and Information Technology (CEWIT)
at Stony Brook University, CEWIT.org
In 2012, America’s intelligence forecasted that by the year 2030, Asia’s
GDP will surpass North America’s and Europe’s combined GDP. While
this assessment may not be realistic, Asian countries are moving at a
rapid rate to close the economic disparity between them and the developed
world. Some 41% of the world’s patents filed in 2012 originated in Asia and
Asia a