ERIC Number: ED157716
Record Type: Non-Journal
Publication Date: 1978-May-5
Reference Count: N/A
Industrial R&D Spending Reached $26.6 Billion in 1976. Science Resources Studies Highlights, May 5, 1978.
National Science Foundation, Washington, DC. Div. of Science Resources Studies.
This report presents data compiled as part of a comprehensive program to measure and analyze the nation's resources expended for research and development (R&D). Industry, which carries out 69% of the R&D in the United States, spent $26.6 billion on these activities in 1976, 10% above the 1975 level. In constant dollars, this presents an increase of 5% between the two years. Other figures in this report show that the Federal R&D funds to industry rose by 7% mainly because of increased amounts for energy R&D, defense-related R&D, and development of the space shuttle. Companies spent a total of $17.4 billion of their funds on R&D in 1976, an increase of 12% over 1975. Energy R&D expenditures by industrial firms rose 17% between 1975 and 1976 to $1.6 billion. Nearly 90% of this total supported nuclear and fossil fuel R&D programs. Funds for industrial performance of basic research rose 10% to a total of $786 million in 1976. Data for years 1975 through 1977 are presented in tables and graphs. (Author/HM)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: National Science Foundation, Washington, DC. Div. of Science Resources Studies.