Manufacturing Industry
Federal funding of R & D to slow, industry to increase.(BUSINESS TRENDS)(Brief article)
Advanced Materials & Processes, April, 2007
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Total funding for research and development is expected to increase to $338 billion in 2007, an increase of 2.85% over the $329 billion funded in 2006. The overall increase is driven by industry funding and industrial performance, while federal support of R & D is expected to slow, according to the joint Battelle-R & D Magazine 2007 R & D Funding Forecast.
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The federal government is expected to spend $98.3 billion funding R & D ...
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