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Or there are too many people and groups seeking it? What is the scale of funding over time ? My guess is that there is more money in fundamental research than
by sgt101 6y ago
Or there are too many people and groups seeking it?
What is the scale of funding over time ? My guess is that there is more money in fundamental research than ever before....
- deeeeplearning 6y agoIn terms of raw dollars perhaps but with Inflation that's not terribly informative. Total RD spending as % of GDP has been falling since the 60s https://www.aaas.org/sites/default/files/2020-10/RDGDP.png https://www.aaas.org/sites/default/files/2020-10/RDGDP.png And also falling as percent of Total Federal Budget https://www.aaas.org/sites/default/files/2020-05/Budget.png https://www.aaas.org/sites/default/files/2020-05/Budget.png https://www.aaas.org/programs/r-d-budget-and-policy/historical-trends-federal-rd https://www.aaas.org/programs/r-d-budget-and-policy/historic...
- sgt101 6y agoThat seems to show that the R part of R&D has remained static (in terms of the Federal Budget) but the D part has fallen. At the same time there have been very large tax incentives for "D" in the USA. And the R bit is the bit that I would point to in terms of this discussion.