Extramural R&D funding by US-located businesses nears $30 billion in 2011

 1991 and 2011 In 2011, U.S.-located companies spent $29.6 billion for extramural (purchased and collaborative) research and development performed by domestic and overseas organizations, according to statistics from the Business R&D and Innovation Survey. This amount includes contract or otherwise purchased R&D ($24 billion) and payments to R&D collaborators ($5.6 billion). Most of these extramural R&D expenditures involve domestic providers and partners.The amount that U.S.-located ... More at http://www.nsf.gov/news/news_summ.jsp?cntn_id=132109&WT.mc_id=USNSF_51&WT.mc_ev=click
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