Technology and Development

Blog Post | Advanced Industries Series

U.S. R&D: A troubled enterprise

May 28, 2015, Mark Muro and Scott Andes

Worries about anemic U.S. productivity growth are spawning new worries about U.S. R&D growth. There’s not enough of either, say myriad economists, researchers, and business people, and the slump in research and development may be contributing to the lag in productivity. And last week the U.S. House of Representatives sharpened concerns by passing a controversial rewrite of the America COMPETES Act that would reprioritize and cut federal research funding.