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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

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One thought on “US R&D Slips

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

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