14.4. TRENDS IN RESEARCH, DEVELOPMENT, AND INNOVATION IN UNIVERSITIES
As indicated in Table 14.4, while universities performed only 14 percent of U.S. R&D in 2006, they performed about 56 percent of the nation's basic research. This has historically been the case. Universities performed $10 billion (about 13 percent) of the nation's applied research, and $1.8 billion (less than 1 percent) of U.S. development (excluding university administered FFRDCs). Universities obtain research funding mainly from the government (61 percent). Approximately 20 percent is funded from internal institutional sources, and the remaining 20 percent comes from state and local government and business. By supporting research in academia, industry gains access to both ...
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