In the wake of financial turmoil, the globalization of research goes on. IBM is set to open a major new research center in China, while Microsoft plans three new research centers in Britain, France, and Germany. The global serach for talent continues. My hunch is that the combination of financial and economic instability plus immigration restrictions will make the U.S. a slightly less attractive or viable location for global talent. Even though the effect is likely to be modest, companies will continue to redeploy where the talent is or wants to be.
