Federal support for research and development
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Author
Contributions
- United States. Congressional Budget Office. - Contributor
Publication
2007 - Congress of the U.S., Congressional Budget Office, Washington, DC, District of Columbia
Language
English
Word Count
7,000 words, Guess
Page Count
28 pages
Identifiers
- Open LibraryOL13638065M
- OCLC Control Number153255027
- Library of Congress Control Number2007406430
Classifications
- LCCQ180.55.G6 C36 2007
Description
This Congressional Budget Office (CBO) study, prepared at the request of the Ranking Member of the Senate Committee on the Budget, examines recent trends in federal support for research and development and the current state of knowledge about the economic effects of that support. Private businesses are the largest sponsors of research and development (R & D) in the United States; however, the federal government has long provided significant support for R & D activities to both supplement and encourage private efforts. The government finances research and development through spending and tax benefits that give businesses an incentive to increase their R & D spending. This study addresses questions such as whether the current level of spending is appropriate, what returns taxpayers receive for public investment in R & D, and whether funds are allocated to areas of inquiry and projects that will provide the highest return on that investment.--Preface.
Subjects
Topics
Places
Genres
- Statistics.
Series Statement
- CBO study
Other Editions
- Federal support for research and development
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