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Wednesday, 31st January 2007

Industrial Funding of Academic R&D Rebounds in FY 2005

Industrial Funding of Academic R&D Rebounds in FY 2005

Industrial funding for research and development in academic science and engineering (S&E) fields rebounded from a 3-year decline and grew by 7.7%, reaching an all-time high of $2.3 billion in FY 2005, according to data from the National Science Foundation (NSF) Survey of Research and Development Expenditures at Universities and Colleges. This increase was enough to stabilize the corresponding decline in industry's share of total academic R&D funding, which had dropped from a high of 7.4% in FY 1999 to 4.9% in FY 2004. Industry's share in FY 2005 of 5.0% is comparable to the share it held in FY 1983.

Data tables also available as XLS files. Full report also available as PDF file (6 pages).

Source: National Science Foundation


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