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Posts Tagged ‘Research and Development’
December 17th, 2010 at 11:53 am
Just the Facts: America Still Leads the World in R&D Spending – By Far
Posted by Print

This week, the Battelle Memorial Institute reported that China will surpass Japan in 2011 as the second-largest spender on research and development, spending $154 billion to Japan’s $144 billion.  An interesting milestone, perhaps, but that should be kept in its proper perspective.  Specifically, that the United States still spends well over twice as much on R&D – over $405 billion in 2011.  That’s significantly more than China and Japan combined.

This isn’t merely esoteric or trivial.  To the contrary, it’s important to keep in mind at a time when naysayers here and around the globe question America’s continuing leadership role, and threaten to undermine American preeminence via regulations such as “Net Neutrality” and other big-government “solutions” in search of imaginary problems.