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There was also this article linked about federal decrease in R&D spending: https://itif.org/publications/2018/12/14/dwindling-federal-support-rd-recipe-economic
by searchableguy 6y ago
There was also this article linked about federal decrease in R&D spending: https://itif.org/publications/2018/12/14/dwindling-federal-support-rd-recipe-economic-and-strategic-decline https://itif.org/publications/2018/12/14/dwindling-federal-s...
Can someone link me historical total R&D spending data for US?
I found https://fas.org/sgp/crs/misc/R44307.pdf https://fas.org/sgp/crs/misc/R44307.pdf which states:
> The United States became a global leader in R&D in the 20th century, funding as much as 69% of
annual global R&D in the period following World War II.
1 Figure 1 shows the growth in total
U.S. R&D expenditures from 1953 to 2018 in current dollars.
2 U.S. R&D in 2018 was 112 times
higher than it was in 1953 in current dollars, and more than 15 times higher in constant dollars.3
By sector, business-funded R&D grew the most during this period. However, faster growth in
total R&D spending of other nations reduced the U.S. share of global R&D to approximately
27.7% in 2017.
- TheSpiceIsLife 6y ago> in the period following World War II. That'd likely tbe because most the rest of the developed world had been reduced to rubble. 27% is still a hugely outsized slice of the pie.