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Technology Firms Focus on R and D

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Gaynell Terrell

US companies are expected to increase research and development funding by 10.6 percent this year, continuing a trend in corporate research financing that began in 1997, a noted economic forecast suggested. The favorable trend in funding should last for several years, provided there are enough people available to pursue research careers, said the contract research concern Battelle Memorial Institute and R&D Magazine in a press release. The report, issued in January, predicted that private-sector research spending would total $187.2 billion in 2000, up from an estimated $169.3...Read full article

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    Published: February 2000
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