2 ms·
In 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.a
by deeeeplearning 6y ago
In 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.