Company R&D expenditures in US increased 6.7 percent in 2013

August 24, 2015, National Science Foundation
Company R&D expenditures in US increased 6.7 percent in 2013
Companies spent $323 billion on research and development performed in the United States during 2013, 6.7 percent more than the $302 billion they spent the previous year. U.S. companies that performed or funded R&D reported domestic net sales of $10 trillion in 2013. Credit: ©iStock.com/Nicolas

Companies spent $323 billion on research and development performed in the United States during 2013, 6.7 percent more than the $302 billion they spent the previous year.

A new report from the National Science Foundation's National Center for Science and Engineering Statistics (NCSES) finds that the companies' own level of R&D funding also rose, going from $247 billion to $265 billion between 2012 and 2013. The federal government was the chief source of external funding companies put into R&D, accounting for $29 billion in 2013, most of which came from the Defense Department.

Manufacturing industries, including chemicals, machinery and computer products, were responsible for 69 percent—or $221 billion—of domestic R&D spending in 2013. Of the nonmanufacturing industries, the most R&D spending came from the information sector, which includes software publishers and others, with $57 billion, followed by professional, scientific and technical services, with $31 billion.

U.S. companies that performed or funded R&D reported domestic net sales of $10 trillion in 2013. Those businesses employed 20 million people, a total of 1.5 million of whom were employees associated with R&D efforts. Of those 1.5 million workers, 30 percent were at small companies, 43 percent were at mid-size companies and 27 percent were at the largest companies.

NCSES found that business R&D spending is concentrated in a relatively small number of states, with businesses in California accounting for 29 percent of the investments companies made from their own funding. Other states with large amounts of -funded R&D included Michigan (5.4 percent), Massachusetts (5.3 percent), Washington (5.3 percent), Texas (5.1 percent), Illinois (4.5 percent), New Jersey (4.5 percent), New York (3.6 percent) and Pennsylvania (3.8 percent).

Explore further: NSF report details increase in business research and development

More information: Report: www.nsf.gov/statistics/2015/nsf15329/

Related Stories

Venture investments, number of deals up in 4Q

January 17, 2014

Funding for U.S. startups increased 20 percent in the final three months of 2013 as venture capitalists poured more money into more deals, according to a report released Friday.

Baidu profit up 27 percent as mobile grows

October 30, 2014

Chinese search engine Baidu Inc. said Thursday its quarterly profit rose 27 percent as user traffic for its mobile operation surpassed passed its desktop computer-based search business.

EMarketer sees 2014 mobile ad spending at $31.5B

March 19, 2014

Worldwide spending on mobile advertising is expected to reach $31.5 billion this year, a 75 percent increase from 2013 thanks largely to Facebook and Google, according to a new report by research firm eMarketer.

Recommended for you

China auto show highlights industry's electric ambitions

April 22, 2018

The biggest global auto show of the year showcases China's ambitions to become a leader in electric cars and the industry's multibillion-dollar scramble to roll out models that appeal to price-conscious but demanding Chinese ...

Robot designed for faster, safer uranium plant pipe cleanup

April 21, 2018

Ohio crews cleaning up a massive former Cold War-era uranium enrichment plant in Ohio plan this summer to deploy a high-tech helper: an autonomous, radiation-measuring robot that will roll through miles of large overhead ...

Virtually modelling the human brain in a computer

April 19, 2018

Neurons that remain active even after the triggering stimulus has been silenced form the basis of short-term memory. The brain uses rhythmically active neurons to combine larger groups of neurons into functional units. Until ...

'Poker face' stripped away by new-age tech

April 14, 2018

Dolby Laboratories chief scientist Poppy Crum tells of a fast-coming time when technology will see right through people no matter how hard they try to hide their feelings.

0 comments

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.