America’s success convinced many countries to spend more on research and development; except America. America corporations’ shifted their expenditures to short term projects, development, and less on research to the point that the US, known for innovation, is now tenth in the world, and may be sinking further. Historically, R&D has been seen as an enabler of GDP growth.

“US R&D” – Brookings

One thought on “US R&D Slips

  1. Pingback: Data That Matters May 2015 | Pretending Not To Panic

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s