Universities Report Increased Federal R & D Funding after 4-year Decline; R & D Fields Revised for FY 2016
Federal funding of higher education R&D increased in both current and constant dollars for the first time in 5 years. Between FY 2015 and FY 2016, funding increased 2.5% in current dollars to $38.8 billion (a 1.4% increase when adjusted for inflation). The share of higher education R&D supported by the federal government continues to decline, however. Universities report that since 2011 federally funded expenditures have dropped from 62.5% to 54.0% of total R&D expenditures. These data are from the 2016 Higher Education Research and Development (HERD) Survey by the National Center for Science and Engineering Statistics (NCSES) within the National Science Foundation (NSF).
Source: NSF - Statistics on U.S. Science and Engineering Resources - Category: Statistics Source Type: news
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