Business R & D Performance in the United States Tops $ 600 Billion in 2021

Businesses continued to increase their research and development performance in 2021, spending $ 602 billion on R&D in the United States, a 12.1 % increase from 2020. Funding from the companies ’ own sources accounted for $ 528 billion of this spending in 2021, a 13.2 % increase from 2020. Funding from other sources accounted for $ 75 billion, a 4.5 % increase from 2020. Data for this InfoBrief are from the 2021 Business Enterprise Research and Development ( BERD ) Survey, developed and cosponsored by the National Center for Science and Engineering Statistics within the National Science Foundation and by the Census Bureau, which collected and tabulated data for the survey.
Source: NSF - Statistics on U.S. Science and Engineering Resources - Category: Statistics Source Type: news