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But that's just for Federal R&D spending. Worldbank and the OECD paint a much less bleak picture: http://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS?locati
by strictnein 9y ago
But that's just for Federal R&D spending.
Worldbank and the OECD paint a much less bleak picture:
http://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS?locations=US&name_desc=true http://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS?locati...
https://data.oecd.org/rd/gross-domestic-spending-on-r-d.htm https://data.oecd.org/rd/gross-domestic-spending-on-r-d.htm
These data sets include all forms of R&D spending, not just federally funded ones:
"Gross domestic spending on R&D is defined as the total expenditure (current and capital) on R&D carried out by all resident companies, research institutes, university and government laboratories, etc., in a country"
- Retric 9y agoR&D is misleading in this context. McDonalds's does R&D when it's designing it's new menu, but that's does not result in long term economic gain like say transistor research does. Generally, what matters is fundamental research not development as building ever better vacuum tubes ended up being mostly pointless.
- strictnein 9y agoEither we count R&D or we don't. There are mountains of articles written on wasteful government R&D.