Reference: U.S. Universities Report Highest-ever R&D Spending in Fiscal Year 2011
From the National Science Foundation (NSF):
The National Science Foundation released a report [on Monday] showing that university spending on research and development in all fields continued to increase between fiscal years (FY) 2010 and 2011, reaching $65 billion in FY 2011. This figure represents a 6.3 percent increase from the previous year and includes $4.2 billion in expenditures associated with the American Recovery and Reinvestment Act of 2009.
The majority of university R&D was concentrated in the life sciences, which grew 6.6 percent to $37.2 billion. Engineering was the next largest broad field and showed a 7.7 percent increase to $10 billion in fiscal 2011.
Read the Complete Report
Includes following lists:
- Top 30 institutions reporting the largest FY 2011 R&D expenditures in all fields, by source of funds
- Top 10 institutions reporting the largest FY 2011 medical school R&D expenditures
Filed under: News
About Gary Price
Gary Price (firstname.lastname@example.org) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.