National Science Board: New Report Shows That Business R&D Funding Dominates the U.S. R&D Enterprise
May 22, 2024
May 22, 2024
ARLINGTON, Virginia, May 22 (TNSres) -- The National Science Board issued the following news:
The United States is the largest performer of research and experimental development (R&D), with $806 billion in gross domestic expenditures on R&D in 2021, followed by China, with $668 billion. While overall funding of R&D in the U.S. continues to rise rapidly, the share of basic research funded by the federal government has fallen in the previous decade. Business funding of U.S . . .
The United States is the largest performer of research and experimental development (R&D), with $806 billion in gross domestic expenditures on R&D in 2021, followed by China, with $668 billion. While overall funding of R&D in the U.S. continues to rise rapidly, the share of basic research funded by the federal government has fallen in the previous decade. Business funding of U.S . . .