Research and Development Funding for Businesses Was Virtually Unchanged Between 2009 and 2010
New NSF report shows steady level during this period.
New NSF report shows steady level during this period
The National Science Foundation (NSF) recently released a report detailing that the amount companies spent on U.S. research and development (R&D) during 2010 was essentially unchanged from the amount spent in 2009.
In 2009, businesses spent $282 billion on R&D performed in the United States, compared with $279 billion in 2010. Of the $279 billion, the U.S. federal government provided $34 billion of funding for company-performed domestic R&D.
|Data are from the Business R&D and Innovation Survey, developed and cosponsored by NSF and Census. Photo credit: Thinkstock|
In 2010, businesses in manufacturing industries performed $197 billion of domestic R&D; those in nonmanufacturing industries performed $82 billion.
For more information on this report, please contact Raymond Wolfe.
Please visit the NSF's National Center for Science and Engineering Statistics (NCSES) for more reports and other products.