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Most of R&D in the medical/pharmacological field is done by government grants as an example.
by betaby 4y ago
Most of R&D in the medical/pharmacological field is done by government grants as an example.
- tyrfing 4y agoDo you have a source for 'most'? Pharma R&D spending is very high compared to any other industry. https://www.cbo.gov/publication/57126 https://www.cbo.gov/publication/57126
- betaby 4y agohttps://www.ineteconomics.org/perspectives/blog/us-tax-dollars-funded-every-new-pharmaceutical-in-the-last-decade https://www.ineteconomics.org/perspectives/blog/us-tax-dolla... The raw dollar value R&D in the private sector is higher, but that's accounting gymnastics for tax purposes, not actual R&D.