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Research and development funding for businesses was virtually unchanged between 2009 and 2010

June 7th, 2013
Research and development funding for businesses was virtually unchanged between 2009 and 2010
Data for this InfoBrief are from the Business R&D and Innovation Survey, developed and cosponsored by the National Science Foundation and the Census Bureau. Credit: Thinkstock

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.

In 2010, businesses in manufacturing industries performed $197 billion of domestic R&D; those in nonmanufacturing industries performed $82 billion.

More information:
www.nsf.gov/statistics/infbrief/nsf13324/

Provided by National Science Foundation

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