Search

The article presents information about a survey which depicts that companies conduct most new science research in developed economies rather than developing for reasons that may not always characterize the situation in the U.S. The survey was conducted on 249 research and development (R&D) intensive companies mainly in the U.S. and Western Europe. The survey states that the percent of effort devoted to new science in developed economy sites is more evenly distributed than it is for sites in emerging economies. On an average, 49.6% of R&D effort in developed economy sites is for new science; in emerging economy sites it is only 22%.