Wednesday, September 13, 2017

Business R&D performed in US reached $356 billion in 2015

09/13/2017 11:25 AM EDT

Pie chart showing business spending on R&D in the US in 2015.

Businesses spent $356 billion on research and development (R&D) performed in the United States in 2015, a 4.4 percent increase over the $341 billion spent in 2014.

Of the total R&D expenditures in 2015, companies spent $22 billion (6 percent) on basic research, $56 billion (16 percent) on applied research, and $278 billion (78 percent) on development. The spending shares did not change from 2014. Those data points come from the Business R&D and Innovation Survey (BRDIS), ...

More at https://www.nsf.gov/news/news_summ.jsp?cntn_id=243082&WT.mc_id=USNSF_51&WT.mc_ev=click


This is an NSF News item.


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