R&D Spending
Look For Increase
Article by: Staff Report

Total R&D expenditures in the United States are expected to increase about 5 percent to $277 billion in 2001, according to the annual Battelle-R&D Magazine research and development forecast.

The increase is largely driven by industrial support, which continues to dominate both the amount and growth of R&D spending. However, the growth is also tempered by the unpredictable and sometimes skittish state of the dotcom world and stock market fluctuations which can influence near-term spending, such as on R&D.

Industry will increase its R&D spending, at a rate that significantly exceeds inflation, by about 6.5 percent to $190 billion.

Spending by the federal government will increase slightly by 1.3 percent to $72 billion, a rate that is not quite ...

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