NSF Reports on R&D Spending by Businesses in the United States
Posted Aug 22 2012 5:35pm
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 ...