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Small Percentage of U.S. Companies Diversify R&D Expenditures and Tend to Have More Expansive Product Lines

Posted Nov 30 2012 1:00pm

Photo of gloved hands working in a lab.

U.S. companies that diversify their research and development (R&D) spending across multiple lines of business are more likely to invest heavily in R&D and to have broader product lines, according to a report released today by the National Science Foundation.

While 8 percent of companies devoted their R&D efforts to more than one line of business in 2008, an NSF survey shows that these companies accounted ...

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This is an NSF News item.

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