Funds for Research and Development Performance in American Industry, 1958: A Preliminary Report

Surveys of spending for Research and Development have been undertaken by the Office of Special Studies, National Science Foundation, for several years. In this report, the latest figures on industrial R and D spending are presented for 1958. Comparisons between 1953 and 1958 indicate an increase of 229 per cent in federally financed R and D, 64 per cent in company financed R and D, and a total increase of 128 per cent. Basic research in industry has increased 96 per cent.