The decline in the government share of spending on R&D is largely due to the rapid increase in industry R&D funding rather than a real decline in the absolute amount spent.

Question

Quizplus · Accepted Answer

The statement is true. Although the government share of spending on R&D has decreased, the overall amount of R&D spending has increased due to an increase in industry R&D funding. Therefore, the decline in the government share is not necessarily indicative of a decline in the absolute amount spent on R&D.

The Decline in the Government Share of Spending on R&D