Friday, October 2, 2009

Federal Spending on Academic Research Rose Slightly in 2008 - Government - The Chronicle of Higher Education


Federal Spending on Academic Research Rose Slightly in 2008 - Government - The Chronicle of Higher Education: "

33 U. of California at Davis Number 33

Federal spending on scientific research at universities and colleges rose slightly in 2008, following two years of declines, but the federal share of total academic research spending again dropped, according to figures released on Thursday by the National Science Foundation.
Over all, higher-education institutions reported research-and-development expenditures of $51.9-billion in the 2008 fiscal year, 2.3 percent more than the previous year in inflation-adjusted dollars, the NSF said in a summary of the findings of its latest "Survey of Research and Development Expenditures at Universities and Colleges." The federal government remained the largest source of such funds, providing $31.2-billion in 2008, up from $30.5-billion in 2007. But the figures show a continuing erosion in the federal share of total spending, from 64 percent in 2005 to 60 percent last year.