Manufacturing facts: The U.S. is competitive but not dominant in total R&D investment

02/26/2013

This week's excerpt from The Facts About Modern Manufacturing: Total U.S. R&D spending rose from 2.6% of GDP in 2006 to 2.8% in 2009; however, while competitive, the nation is clearly not dominant in this arena. Japanese R&D spending as a share of GDP is notably higher. While China's level of investment remains far behind those of the U.S. and other rich nations, it has been rising steadily and significantly. Manufacturing Facts

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