Topic: industrial R&D

US companies performed 18% of their R&D in foreign countries

US companies performed US$395.6 billion in R&D in 2013, 18% ($73.1 billion) of which was performed in other countries, according to the latest data from the National Science Foundation. The closely watched manufacturing sector accounted for the bulk of industry R&D outlays ($272.6 billion/68.9%) led by computer and electronics products ($85.5 billion) and pharmaceuticals and…