|
R&D
Funding
Innovations
Total R&D expenditures in
the
United States
are expected to increase about 3.5 percent to $285.6 billion in
2002, according to the annual Battelle-R&D Magazine research
and development forecast.
Three
significant factors have combined to exert influence on the
state of R&D funding for the current year.
The
three factors include the change in presidential administration,
the faltering economy and the events and aftermath of the Sept.
11 terrorist attacks.
“The
effects of these are not simply isolated and cumulative,” said
Dr. Jules Duga, a Battelle senior researcher and co-author of
the report. “It is clear that there are interactions among the
three, and-when superimposed upon what one might consider a
normal set of circumstances of change-their effects are somewhat
more difficult to deal with.”
Highlights
from the forecast are:
•The
federal government is expected to spend $75.5 billion on R&D
in 2002, a 4.7 percent increase over the prior year.
•Industry
continues to lead in the number of dollars funding R&D with
nearly $195 billion expected to be spent in 2002, which is a 3.2
percent increase.
•Academia
and non-profits provide the other significant portion of
national R&D funding which is expected to be $15.4 billion,
about 3 percent more than was committed in 2001.
The
impact of significant external forces cannot be underestimated.
“In previous years, the analysis of the emerging patterns of
R&D could readily accommodate almost any singular disruption
and could present a reasonable picture of the anticipated
effects,” Duga said. “However, the concurrent triple-whammy
experienced over the past few ...
...Continued
in the pages of Twin Plant News, Subscribe Today! |
