Industry investment in R&D accelerated in the US and many other nations during 2006, according to the Industrial Research Institute's latest annual R&D leaderboard. Overall, Asia's share of 2008 global R&D should grow to 40.8%, up from 36.9% in 2006. The US, in contrast, is seen declining from 32.7% in 2006 to 30.1% in 2008. The latest EU Industrial R&D Scoreboard finds that the top 1,000 R&D investors in the EU increased their R&D over 2006 by 7.4%, while the top 1,000 R&D investors outside the EU hiked their R&D by 11.1%. US R&D for 2006 is officially counted as 2.76% of GDP, second only to Japan. But it may actually be much higher. According to the US Bureau of Economic Analysis, GDP would have been an average of 2.9% higher between 1959 and 2004 if R&D spending had been treated as investment rather than an expense in the US national income and product accounts.
competition for research funds will methods, and supplying those become more intense,” said Jules gener
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