National R&D Funding by Source: 1953

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Slide 10 of 28

Notes:

Before we begin looking to the future – I want to step back for a minute and examine a few current trends that deserve our attention.

We can start with the latest data for National R&D spending. The recent trend continues: total dollars are up, but the Federal share is down.

Total national R&D funding has never been higher. It now amounts to more than $240 billion.

Private sector investment is increasing and is increasingly product focused.
Federal sector investment is decreasing as a share of the total -- and investments in research at the frontier are waning.
Both are increasingly more development than research.

In 1999, the federal government provided only 27 percent of all R&D funds in the US.

That’s the lowest level since we started collecting the data!

A decade ago, the federal share was 46 percent.

Three decades ago, the federal share was 60 percent.