U.S. FUNDING TRENDS – BENCHMARKS
The majority of R&D performance is in experimental development (65%) and applied research (19%), and the business sector dominates in both. With its focus on new and improved goods, services, and processes, the business sector performs 90% of experimental development, and 58% of applied research.
Although federal funding of R&D increased , the share of total R&D funded by the federal government declined from 31% in 2010 to an estimated 21% in 2019. This decline occurred across all research types and sectors.