The Battelle-R and D Magazine annual Global R and D Funding Forecast released today shows global research and development (R and D) spending is expected to grow by about 5.2 percent in 2012 to more than $1.4 trillion. R and D funding growth will largely be driven by Asian economies—a number projected to increase by nearly 9 percent in 2012. Elsewhere in the world, growth remains strong and stable in the aftermath of the global recession.
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