University Research Funding: Still Lagging and Showing No Signs of Improvement

December 6, 2013
Twenty-three other nations invest more as a share of their economy in funding for university research and development than the U.S.

It will come as a surprise to many that America is no longer, and nowhere near, the lead nation in terms of funding university research. In fact, of 39 nations, the U.S. ranks just 24th in government funding and 27th in business funding as a share of GDP. In fact, the leading seven nations invest more than double the U.S. level. The result over time will be a continued loss of U.S. competitiveness.