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R&D Spending Expected to Recover Slightly

11 hours ago ago from Wall Street Journal

BY GAUTAM NAIK U.S. investment in research and development fell in 2009, but it is expected to rebound slightly next year as the economy gradually improves. Next year, after accounting for inflation, total U.S. spending on R&D is forecast to rise 1.7% to $395.9 billion, according to a report by Battelle Memorial Institute, a nonprofit trust in Columbus, Ohio, that does scientific research for the government and industry. In 2009, U.S. ...

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