Analysis
Businesses Invested $32.5 Billion in Assets to Support Their R&D Activities in the United States in 2020
March 17, 2023
In 2020, businesses invested $32.5 billion in assets such as buildings, equipment, and software to support their U.S. research and development activities. Manufacturing companies accounted for $19.7 billion (61%) of these capital expenditures for R&D, while nonmanufacturing companies accounted for the remaining $12.8 billion (39%).
Analysis
Measuring America’s Progress in Science, Technology, and Innovation
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In the News
Return to R&D Expensing Crucial for Manufacturing and Technology Investment
Data from our Business Enterprise R&D (BERD) Survey are cited on the distribution of R&D investment across the U.S. economy.
Computer Engineer Focused on Ethical AI among 100 "Women That Are Changing the World"
Science and Engineering Indicators data are cited on the proportion of computer and mathematical scientists who are women.
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