Business R & D Performance in the United States Reached $400 Billion in 2017, a 6.8% Increase from 2016

Businesses spent $400 billion on research and development performance in the United States in 2017, a 6.8% increase from 2016. Funding from the companies ' own sources was $339 billion in 2017, a 6.7% increase from 2016. Funding from other sources was $61 billion in 2017 and $57 billion in 2016. Data are from the Business R&D and Innovation Survey and Business Research and Development Survey, both developed and cosponsored by the National Center for Science and Engineering Statistics within the National Science Foundation and by the U.S. Census Bureau.
Source: NSF - Statistics on U.S. Science and Engineering Resources - Category: Statistics Source Type: news