The U.S. R&D enterprise relies on businesses, federal and nonfederal governments, higher education institutions, and other nonprofit organizations. This report identifies trends in R&D performance and funding and compares them to those of the world's other major economies. The U.S. annual total of R&D has expanded steadily since 2010…

Contributions from and innovation in science and technology over many decades have resulted in dramatic improvements to American lives, including enhanced living standards and life expectancy, better access to information and connectivity across the globe, and increased access to and affordability of consumer goods. The analysis in this report is…