Business R & D Performed in the United States Reached $356 Billion in 2015

Businesses spent $356 billion on research and development performance in the United States in 2015, up 4.4% from the $341 billion spent in 2014. Funding from the companies ' own sources was $297 billion in 2015, a 5.0% increase from 2014. Funding from other sources was $59 billion in 2015 and $58 billion in 2014. Data for this InfoBrief are from the Business R&D and Innovation Survey, developed and cosponsored by the National Center for Science and Engineering Statistics within the National Science Foundation and the U.S. Census Bureau.
Source: NSF - Statistics on U.S. Science and Engineering Resources - Category: Statistics Source Type: news