Battelle report exposes fundamental shifts in R&D funding as emerging nations surge
US exceeds $400 billion for first time
Industrial R&D spending in the US in 2011 is expected to increase 3.4% to $265.4 billion, an annual growth of about half the rate experienced between 1981 and 2008 but enough to lift overall R&D funding above $400 billion for the first time in history.
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