Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

National Science Foundation - U.S companies grossed nearly $11 trillion in worldwide sales and spent $330 billion on R&D in 2008. This is according to new figures from the National Science Foundation's first ever Business R&D and Innovation Survey (BRDIS) developed jointly with the U.S. Census Bureau.

Specifically, it will allow policymakers and industry officials to gain information about worldwide R&D expenses, R&D employee headcount by occupation category, R&D expenses by detailed business segments, and share of R&D devoted to new business areas and new science or technology activities. None of these capabilities existed with the previous survey, which solely focused on domestic R&D and asked few questions about the makeup of industry employees or a company's ability to innovate technologically in the competitive global marketplace.

To read the full, original article click on this link: The NACFAM Weekly: NSF releases first data from new Business R&D and Innovation survey

Author:The NACFAM Weekly