R&D spending update

Article Abstract:

Data from the Bureau of Economic Analysis reveals that foreign firms' US affiliates incurred bigger research and development (R&D) expenditures in 1989 than US firms did on their overseas R&D during the same period. Foreign companies were found to have spent $9.2 billion on R&D for the year, compared with the $5.4 billion spent by US companies on overseas R&D during the same year.Real R&D spending by US industrial firms are seen to outpace the inflation rate, according to management consulting firm Schonfeld Associates.

Corporations, Corporate finance

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R&D spending down across OECD nations

Article Abstract:

A survey released by the Organization for Economic Cooperation and Development (OECD) revealed that many OECD members implemented budget cuts on their research and development programs in 1993. Among the countries which reduced research and development spending in 1993 are Germany, Japan, Italy. On the other hand, the US is also expected to implement cuts in research and development funding that could reach $5.7 billion by the year 2000.

Science and technology policy, Organization for Economic Cooperation and Development

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Foreign-owned companies continue to increase their spending on R&D in the United States

Article Abstract:

The research and development (R&D) spending of foreign-owned companies in the US during 1995 increased by 13.5% to $17.6 billion from $15.5 billion in 1994. Foreign-owned firms' R&D expenditures represent 18% of the total corporate-financed R&D activities in the country. The growth is attributed to the rise in foreign-based multinational companies' acquisition of US corporations.

Research, Foreign corporations

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