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Total funding for research and development
is expected to increase by approximately 2.9 percent to $329
billion in 2006, according to the Battelle-R&D Magazine annual
forecast. The projected increase, from the estimated $320
billion spent in 2005, covers all research and development (R&D)
expenditures across industry, government and academia.
Highlights include:
•The federal government is expected to
spend $96.6 billion funding R&D efforts, a modest increase of
1.8 percent over the $94.9 spent in 2005.
•Industrial expenditures on R&D are
expected to reach $211.9 billion in 2006-an increase of 3.5
percent over the $204.8 expended in 2005.
•Academia and other non-profits make up the
remaining expenditures of $20.4 billion with academia increasing
by a slim 1.1 percent and other non-profits increasing by a
healthier 3.7 percent.
A running — and important — theme revealed
from data and trends throughout the report “is that the support
of research and development runs the risk of being viewed as an
expense and a luxury, rather than an investment, and one that
can be shelved until more funds are available,” said Battelle’s
Jules Duga, a senior research leader and co-author of the
forecast.
The federal deficit will have a significant
impact on the extent to which R&D funds will be available within
the overall category of discretionary spending. The massive
unforeseen expenditures associated with the war in Iraq and
hurricane relief programs have...
...Continued
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