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Press Release 07-089

Science and Technology Investments Strengthen Asia's Economic Future

Asian R&D investment grew faster than U.S. in 1990s

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U.S.-based multinational corporations nearly doubled investment in overseas R&D activities.

Estimates show U.S.-based multinational corporations nearly doubled investment in overseas research and development activities since the mid-1990s, up from $11.9 billion in 1994 to $21.2 billion in 2002.

Credit: Zina Deretsky, National Science Foundation


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