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Industry Support for Academic R&D in S&E Drops Again

May 23, 2006

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CRA Bulletin (05/01/06) Vesgo, Jay

The National Science Foundation's InfoBrief says industrial financing for research and development (R&D) in science and engineering (S&E) sectors at colleges and universities fell 2.6 percent in fiscal year 2004, to $2.1 billion. This was the third consecutive year that industry funding dropped, having fallen 1.1 percent in 2003 and 1.5 percent in 2002. Industry financed 4.9 percent of academic R&D in fiscal year 2004, versus 7.4 percent in 1999. The report also found that R&D expenditures in the computer sciences rose 7.7 percent in present dollars, to $1.4 billion, and accounted for 3.3 percent of overall academic R&D expenditures in S&E. The NSF and the Department of Defense were the two biggest sources of funds for computer science, at $411 million and $303 million, respectively. Adjusting for inflation, academic R&D in S&E increased 4.7 percent in fiscal year 2004. Seventy-five percent of R&D expenditures were for fundamental research. The leading 20 institutions in terms of expenditures comprised 30 percent of overall academic R&D spending, and the leading 100 research performers comprised 80 percent of spending.

For the complete article, see http://www.cra.org/wp/index.php?p=86

Posted by rab5 at 09:55 PM


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