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Global R&D Funding Forecast
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2014 R&D Magazine Global Funding Forecast

December 9, 2013 9:53 am | by R&D Magazine/Battelle | Articles | Comments

Innovation is improbable without proper funding, which is why R&D Magazine and Battelle Memorial Institute annually project how political developments and economic conditions around the globe will affect R&D support in the coming year. Now available, the 2014 R&D Magazine/Battelle Global R&D Funding Forecast offers a comprehensive analysis of the state of industrial research worldwide.  

2014 R&D Magazine Global Funding Forecast Executive Summary

December 9, 2013 6:28 am | by R&D Magazine/Battelle | Articles | Comments

“Somewhere, something incredible is waiting to be known,” said astronomer Carl Sagan, who succinctly captured the essence of what it means to be a researcher. That wide-eyed sense that anything is possible through research and development, that’s the essence of a researcher’s calling.

Global Funding of R&D

December 9, 2013 6:26 am | by R&D Magazine/Battelle | Articles | Comments

Growth in global research and development funding slowed in 2013 from the pace of growth seen in 2011-2012. The 2013 slowdown was due primarily to unsettled European and U.S. economies that, in turn, affected global performance. R&D investments often are closely linked to GDP and economic outlook.

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U.S. R&D - Small Increase in 2014

December 9, 2013 6:24 am | by R&D Magazine/Battelle | Articles | Comments

In the United States, R&D spending is likely to increase in 2014, turning the corner from near-zero growth in 2013. Federal funding is difficult to forecast because of the breakdown of orderly budget processes, but there are indications of bipartisan political support for increases or reallocations that favor R&D.

Academic R&D

December 9, 2013 6:22 am | by R&D Magazine/Battelle | Articles | Comments

Federal R&D policy and implications of budget sequestration are the largest factors in funding for U.S. academic research, which has dropped from a recent high of 6% annual funding increases in 2011 to a forecast of 2% in 2014. Long recognized as an essential scientific foundation of U.S. innovation, academic research programs have been under pressure as a result.

International Overview

December 9, 2013 6:20 am | by R&D Magazine/Battelle | Articles | Comments

For the past six years, the top ten countries funding R&D have remained mostly the same. There has been dramatic change, however, in the extent of globalization involved in research, as well as shifts in the way funds are spent. Driven in part by China’s aggressive programs, Southeast Asia has become the world’s largest region for research investments.

R&D in China

December 9, 2013 6:18 am | by R&D Magazine/Battelle | Articles | Comments

China has increased its R&D investments by 12% to 20% annually for each of the past 20 years; while at the same time, U.S. R&D spending increased at less than half those rates. As a result, China’s investment is now about 61% that of the U.S., and continuing to close.

R&D in Europe

December 9, 2013 6:16 am | by R&D Magazine/Battelle | Articles | Comments

With the large number of European Union member states, Europe’s research community is diverse in its economic composition and national interests, while central funding and administrative mechanisms allow coordinated operation of public research at a scale that is comparable to that of the United States.

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R&D in the Rest of the World

December 9, 2013 6:14 am | by R&D Magazine/Battelle | Articles | Comments

As a group, the “Rest of the World” (ROW) countries—those other than the U.S., those in Europe and China—are expected to see moderate growth in their R&D investments in 2014, with leadership from countries like South Korea, Russia and Taiwan. Most Asian countries are projected to experience significant economic growth in 2014.

Maximizing the Economic Value of R&D: The Role of Ecosystems

December 9, 2013 6:12 am | by R&D Magazine/Battelle | Articles | Comments

Research and development is a long-term investment in the future, serving as the cornerstone for innovation-driven growth. While there is a significant immediate economic impact from R&D activities, the big pay-off from investments in R&D are longer-term sustained economic gains through strengthened global competitiveness and even creation of entire new industries.

Industry Breakout - Life Sciences

December 9, 2013 6:10 am | by R&D Magazine/Battelle | Articles | Comments

As represented in this Forecast, the life science industry includes biopharmaceuticals, medical instruments and devices, animal/agricultural bioscience and commercial research and testing. However, the industry’s R&D spending is driven primarily by the mass and research intensity of the biopharmaceutical sector, which accounts for nearly 85% of all expenditures.

Industry Breakout - Information & Communications Technologies

December 9, 2013 6:08 am | by R&D Magazine/Battelle | Articles | Comments

The information and communications technologies (ICT) industry, and the significant level of R&D that supports it, is driven by constant change in consumer preferences, market demand and technological evolution. The ICT industry is the largest private-sector R&D investor in the U.S., performing nearly one-third of the total.

Industry Breakout - Aerospace, Defense & Security

December 9, 2013 6:06 am | by R&D Magazine/Battelle | Articles | Comments

R&D among aerospace, defense and security firms is primarily driven by two sectors: the U.S. Department of Defense (DOD) and the global airline industry. The major aerospace and defense contractors plan R&D in close coordination with DOD to meet the needs of national defense and global security, while capacity, economics and efficiency are drivers for civil aviation requirements.

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Industry Breakout - Energy

December 9, 2013 6:04 am | by R&D Magazine/Battelle | Articles | Comments

The energy industry includes a broad array of companies, ranging from multinational oil and gas firms to large and small technology firms. Reducing costs of production is a large driver of R&D in the energy space, and materials development and advanced materials integration are increasingly important in shaping the industry’s R&D investment.

Industry Breakout - Chemistry and Advanced Materials

December 9, 2013 6:02 am | by R&D Magazine/Battelle | Articles | Comments

The chemicals and advanced materials industry consists of large multinational companies serving nearly every other market, key single market material and application development firms and an array of smaller, niche chemical and material companies.

Researcher Perspectives

December 9, 2013 6:00 am | by R&D Magazine/Battelle | Articles | Comments

The Battelle/R&D Magazine survey of the global research community delivers original insights that indicate the temperament of R&D activities around the world, and adds context to the quantitative analysis involved in this 2014 Forecast.

Argonne, RIKEN sign MOU in support of petascale computing

November 20, 2013 9:30 am | News | Comments

Leaders in the petascale computing arena in the U.S. and Japan have signed a memorandum of understanding (MOU) establishing a cooperative relationship in support of projects aimed at expanding the use of petascale computing in the scientific and engineering communities. The MOU was signed at SC13.

Converting natural gas to liquid transportation fuels via biological organisms

November 18, 2013 8:17 am | News | Comments

Researchers at Sandia National Laboratories will use their expertise in protein expression, enzyme engineering and high-throughput assays as part of a multiproject, $34 million effort by the Advanced Research Projects Agency-Energy aimed at developing advanced biocatalyst technologies that can convert natural gas to liquid fuel for transportation.

How do we balance needs of energy, water and climate?

November 15, 2013 7:26 am | by David L. Chandler, MIT News Office | News | Comments

In deciding how best to meet the world’s growing needs for energy, the answers depend crucially on how the question is framed. Looking for the most cost-effective path provides one set of answers; including the need to curtail greenhouse gas emissions gives a different picture. Adding the need to address looming shortages of fresh water, it turns out, leads to a very different set of choices.

Governments mining Google for more personal data

November 14, 2013 2:50 pm | News | Comments

Google has become less likely to comply with government demands for its users' online communications and other activities as authorities in the U.S. and other countries become more aggressive about mining the Internet for personal data. Legal requests from governments for people’s data have risen 21% from the last half of last year.

Next generation of biofuels is still years away

November 14, 2013 12:54 pm | by Jonathan Fahey, Associated Press | News | Comments

The first trickle of fuels made from agricultural waste is finally winding its way into the nation's energy supply. But the full benefits of this fuel source remain many years away, and ethanol, which was meant to be a stop-gap until non-food sources of fuel were found, has been far more damaging to the environment than the government predicted.

Prairies vanish in the U.S. push for green energy

November 13, 2013 11:15 am | by Chet Brokaw and Jack Gillum, Associated Press | News | Comments

Across the Dakotas and Nebraska, more than 1 million acres of the Great Plains are giving way to cornfields as farmers transform the wild expanse that once served as the backdrop for American pioneers. This expansion of the Corn Belt is fueled in part by America's green energy policy, which requires oil companies to blend billions of gallons of corn ethanol into their gasoline.

From knee to neuron, offspring of Yale’s 3-D printers multiply

November 12, 2013 8:34 am | News | Comments

Yale Univ. neuroscientist Gordon Shepherd has studied neurons for decades. But until recently he’d never had a neuron he could grasp with his own two hands: Neurons are much too small. Now he’s got his very own 3-D neuron in all its spidery glory, a vastly enlarged but precise replica that is the latest custom-made anatomical model to emerge from the Yale Center for Engineering Innovation and Design (CEID).

Study: Better police surveillance technologies come with a cost

November 11, 2013 2:07 pm | by Phil Ciciora, Business & Law Editor, Univ. of Illinois | News | Comments

The widespread use of advanced surveillance technologies by state and local police departments will improve the efficiency of criminal investigations. But a lack of oversight and regulation poses significant privacy concerns, warns Stephen Rushin, a professor of law at the Univ. of Illinois.

Japan starts up offshore wind farm near Fukushima

November 11, 2013 6:41 am | by ELAINE KURTENBACH - AP Business Writer - Associated Press | News | Comments

Japan switched on the first turbine at a wind farm 20 km (12 miles) off the coast of Fukushima, feeding electricity to the grid tethered to the tsunami-crippled nuclear plant onshore. The wind farm near the Fukushima Dai-Ichi nuclear power plant is to eventually have a generation capacity of 1 GW from 143 turbines.

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