Technology Strategy

Technology Strategy Consulting

US Federal and Business R&D Expenditure

Business R&D expenditure has surged to dominate U.S. innovation funding, reaching $600 billion in 2021 and accounting for 76% of national R&D spending, while federal R&D funding has declined from 67% in 1964 to 20% in 2019, reshaping the landscape of American technological advancement Summary Research and development (R&D) expenditure in the United States encompasses […]