Press Release 14-088
Extramural R&D funding by US-located businesses nears $30 billion in 2011
New report available from NSF's National Center of Science and Engineering Statistics
In 2011, U.S.-located companies spent $25.3B for extramural R&D performed by domestic organizations.
Credit and Larger Version
July 22, 2014
In 2011, U.S.-located companies spent $29.6 billion for extramural (purchased and collaborative) research and development performed by domestic and overseas organizations, according to statistics from the Business R&D and Innovation Survey. This amount includes contract or otherwise purchased R&D ($24 billion) and payments to R&D collaborators ($5.6 billion). Most of these extramural R&D expenditures involve domestic providers and partners.
The amount that U.S.-located companies pay to other U.S.-located organizations for extramural R&D has grown. In 2011, extramural R&D was more than 10 percent of the amount that companies based in the United States spent on their company-funded, company-performed U.S. R&D. Comparable estimates from the Survey of Industrial Research and Development put this ratio under 4 percent in 1991. The growth in the relative size of domestic extramural R&D in the business sector is the result of differing rates of growth in total R&D spending among industries and of changes in the importance of external partners within industries.
These and other findings are from a new report by the National Center of Science and Engineering Statistics: Extramural R&D Funding by U.S.-Located Businesses Nears $30 Billion in 2011.
Please visit the NSF's National Center for Science and Engineering Statistics for more reports and other products.
Kimberly D. Osborne, NSF, (703) 292-2298, firstname.lastname@example.org
Francisco A. Moris, NSF, (703) 292-4678, email@example.com
The National Science Foundation (NSF) is an independent federal agency that supports fundamental research and education across all fields of science and engineering. In fiscal year (FY) 2015, its budget is $7.3 billion. NSF funds reach all 50 states through grants to nearly 2,000 colleges, universities and other institutions. Each year, NSF receives about 48,000 competitive proposals for funding, and makes about 11,000 new funding awards. NSF also awards about $626 million in professional and service contracts yearly.
Get News Updates by Email
Useful NSF Web Sites:
NSF Home Page: http://www.nsf.gov
NSF News: http://www.nsf.gov/news/
For the News Media: http://www.nsf.gov/news/newsroom.jsp
Science and Engineering Statistics: http://www.nsf.gov/statistics/
Awards Searches: http://www.nsf.gov/awardsearch/