U.S. companies performed 18% of R&D outside the United States in 2013

April 17, 2017 -

Source: NSF

U.S. companies spent $73 billion on research and development (R&D) performed outside the United States in 2013, according to a new report by the National Science Foundation’s National Center for Science and Engineering Statistics.

The total represented 18 percent of U.S. companies’ total R&D performance. These same companies spent $323 billion on R&D performed within the United States in 2013.

Almost 50 percent of the foreign R&D performance by U.S. companies was in Europe, largely in the United Kingdom and Germany. The Asia-Pacific region accounted for 31 percent of foreign R&D, with India and China making up the largest share. Outside of Europe and the Asia-Pacific region, foreign R&D performance was highest in Canada, Israel and Brazil.

For more information, including detailed breakdowns of locations, industries and company size, read the full report.

https://www.nsf.gov/news/

Disclaimer: The opinions expressed within this article are the views of the writer and do not necessarily reflect the views and opinions of ASME.


 
ASME Insider Home Latest News Key Issues ASME Members Outreach Washington Insider Contact Us