Who pays for innovation? Around the world, the leader is the United States. And within the United States, the leader is private industry.
That’s one of the takeaways from a new report published by the National Science Foundation, titled “Science and Engineering Indicators: 2010.” It is full of smart graphs and data on innovation around the world.
First, let’s take a look at trends within the United States. One highlight was this chart, which shows what portion of research and development spending has been financed by which parts of the economy over the last half-century:
To read the full, original article click on this link: Paying for Innovation - Economix Blog - NYTimes.com
Author: CATHERINE
RAMPELL
