Contact: Kimberly D. Osborne
National Science Foundation
Caption: In 2011, US-located companies spent $25.3 billion for extramural research and development performed by domestic organizations. Pharmaceuticals manufacturing and transportation equipment manufacturing have accounted for the majority of these expenditures over the past two decades.
Credit: National Science Foundation
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Related news release: Extramural R&D funding by US-located businesses nears $30 billion in 2011