40% of global R&D spendingis done by the US
Fact recorded on: June 13, 2008. Categories: Spending.
70% of foreign scientists and engineers who received PhD’s from US universities remained in the country after receiving their degree. US accounts for 40% of all scientific R&D spending in the world, employs 70% of the world’s Nobel Prize winners and houses 75% of the world’s top 40 universities, Rand said.
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- 40% of global R&D spendingis done by the US