US NSF Report on R&D Spending by Businesses in the US

Businesses in the United States are focusing a large portion of their research and development efforts on health and defense, according to a National Science Foundation (NSF) report released today. Of the $290.7 billion in total R&D that was performed by businesses in the United States in 2008, 40 percent was applied to health and medical areas ($76.1 billion) and defense areas ($41.5 billion). More than 86 percent of the health or medical R&D performed by businesses was paid for by the reporting companies themselves. However, the federal government funded most of the defense R&D performed by companies.

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