The present stock and flow of highly talented young persons engaged in the global discovery and application of science and technology are critical to the future pace of innovation. Historically, the world`s largest reservoirs of scientists and engineers have been in the Western economies. Overtime, however, Asia has begun to build equivalent pools of scientists and engineers among their university graduates. According to 1993 data from the National Science Foundation and the UNESCO World Science Report, Germany leads all economies with a 67% ratio of science and engineering degrees to total first university degrees compared to the United States with a distant fifth place at 32% behind Italy, Mexico and Poland. If the nation is to keep its scientific and technological prowess, it must capture its very best talent in the science and technology fields. The question is then raised as to the source within the United States of the science and technology talent pool. While between 1978 and 1991 there was an overall decline in male participation in undergraduate (-9%) and graduate degrees (-12%), the number of women receiving undergraduate (+8%) and graduate degrees (+34%) rose dramatically. These numbers are encouraging for women`s participation overall, however, women earn only …