R&D Spending on the Rise
Writing in the Washington Post’s College Inc. blog, Daniel de Vise cites a National Science Foundation survey which puts American universities’ R&D spending up 5.8% for last year. Beyond academia, industry spending on R&D “Rose 12 percent to $3.2 billion from fiscal 2008 to fiscal 2009, while the much larger category of federal spending rose 4 percent to $32.6 billion.”
de Vise also offers a snapshot of the Chronicle of Higher Education’s R&D ranking chart for academic institutions:
1. Johns Hopkins U., $1.6 billion
2. U. of Michigan (all campuses), $636 million
3. U. of Washington (all campuses), $619 million
4. MIT, $533 million
5. U. of California, San Diego, $511 million
44. University of Maryland, $247 million
48. University of Virginia, $218 million
62. University of Maryland, Baltimore, $169 million
69. Virginia Tech, $148 million
86. Georgetown U., $120 million
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