|Engineering -- an endless frontier|
|productive capacity R&D|
|Research and Development|
|Organized research began in the late nineteenth century. As a percentage of the gross domestic product (GDP), research and development spending in the U.S. took off after World War II and peaked around 1964. Since then its R&D intensity has been matched by German and Japan. The relative decline in US public funding for research is especially pronounced in the physical sciences. More charts on the trend and distribution of US R&D (pdf).|
|Source: NSB: Science and Engineering Indicator 2002.|
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