Friday, May 05, 2006

NSF Survey: Industry Stiffing Tech R&D on Campus

Via NetworkWorld.

Industry hasn't been showing technology researchers across U.S. college campuses nearly as much love as the federal government, according to a new National Science Foundation study.

Federal government spending on science and engineering R&D at campuses rose 10.7% from 2003 to $27.4 billion in 2004, whereas spending from private industry fell 2.6% between 2003 to 2004. Industry invested $2.1 billion in 2004, the third straight year in which its investments in campus R&D tumbled.

However, the NSF notes that industry does fund the bulk of R&D in the United States through its own labs. (The NSF has not yet compiled 2005 figures.)

More here.

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