Federal Support for Research and Development

By Admin, August 11, 2012


Federally funded research and development (R&D) has resulted in innovations and discoveries that led to the creation of new companies and entire industries making Americans more prosperous, healthier, and safer. Although it has helped spawn many inventions that, in turn, have led to new firms, new industries, and new jobs, Federal funding of R&D cannot drive innovation by itself.


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