In fact, we're the world's leading R and D investor. 18% of the world's R and D is in our state. By the way, I say world's. We're number three, literally. It's 22% in China, 21% in Germany, 18% of the world's R and D is in my state. All of these things are part of that formula for success. Getting first round draft choices for from around the rest of the world, the best and the brightest in terms of legal immigration, the ability to have rules for risk taking, not recklessness. (39:50–39:58)
CLAIM
Asserts that California ranks third globally in research and development, behind China and Germany.
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