14.1. OVERALL TRENDS WITHIN AND BETWEEN SECTORS
Total funding for R&D in the United States in 2006 was $340 billion. From 2002, this represented a 2.5 percent average annual change in inflation-adjusted terms (NSB, 2008). The bulk of R&D funding is for development (60 percent), followed by applied research (22 percent) and basic research (18 percent). Industry provides the majority of funding for total research and development, plus its implementation. It is also the major source of funding for applied research and its implementation (Table 14.1). The federal government dominates funding for basic research, and development (mainly related to the military); while universities dominate the performance of basic research.
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