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Research and Development

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image for OpenScout resource :: Research and Development

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Research and development (R&D) represents a large and rapidly growing effort in both industrialized and semi-industrialized nations. In 1997 the United States spent $151 billion on industrial R&D and $32 billion on military R&D, for a total of $183 billion, equal to 2.5 percent of the gross national product (GNP).

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Copyright © 2011 Advameg, Inc.