U.S. R and D Spending Predicted to Decrease in 2009
January 23rd, 2009Posted by: admin
Perhaps a surprise to nobody, Battelle has released a report (H/T Science|Business and Nature’s The Great Beyond) predicting that U.S. R&D spending will decrease in 2009, by an inflation-adjusted 1.6 percent. Keep in mind that this report considers R&D funding from all sources, not just government. Global R&D funding is expected to be flat (adjusted for inflation) in 2009. R&D spending is expected to grow in Asia, as well as in sectors related to renewable energy. As science policy often focuses on government spending to the exclusion of other sources, this report provides a good overview of other R&D spending and associated issues.