Extramural R&D funding by US-located businesses nears $30 billion in 2011
In 2011, U.S.-located companies spent $29.6 billion for extramural R&D performed by domestic and overseas organizations, according to statistics from the Business R&D and Innovation Survey. This includes contract or otherwise purchased R&D ($24 billion) and payments to collaborators ($5.6 billion). July 23, 2014