News Release 12-165
Research and Development Found to Be Most Prevalent in a Small Number of Regions Across the Country
At least $29.3 billion in R&D performed in two geographic areas
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Two of the largest areas where research is collaborated is the San Jose-San Francisco-Oakland combined statistical area (CSA) and the New York-Newark-Bridgeport CSA. In these two areas alone, companies performed at least $29.3 billion of R&D, according to a recent National Science Foundation (NSF) report.