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Analysis finds software accounts for nearly one-third of business R&D, up 60 percent over 10-years

Thursday, May 9, 2019

Software plays an increasingly large role in private sector research and development (R&D) expenditures, according to new research from the National Science Foundation’s (NSF) National Center for Science and Engineering Statistics (NCSES) and the Bureau of Economic Analysis (BEA). Based on a recent change in how the BEA treats software R&D in its calculations for gross domestic product (GDP) and other metrics, the analysis finds that the share of business R&D coming from software increased from 20 percent in 2006 to 32 percent in 2016, a 60 percent increase. The authors also look at longer-term trends in business R&D expenditures on software, as well as an analysis of software R&D in manufacturing and non-manufacturing industries.

  • Read more about Analysis finds software accounts for nearly one-third of business R&D, up 60 percent over 10-years

U.S. Sources Funded More Than 80% of Worldwide Industrial R&D in 2011

Wednesday, January 7, 2015

U.S. companies performed over $294 billion in research and development (R&D) in 2011, according to the Business R&D and Innovation Survey (BRDIS) – a business survey conducted annually by the U.S. Census Bureau and the National Science Foundation. Companies funded an overwhelming majority of the industrial R&D conducted in the U.S. (81.2 percent, approximately $238.8 billion). Approximately $55.3 million of industrial R&D (18.8 percent) was funded by other sources, predominately from the federal government ($31.3 billion). U.S.

  • Read more about U.S. Sources Funded More Than 80% of Worldwide Industrial R&D in 2011

Web-based Platform Connects Manufacturers with Technology Expertise in NY

Thursday, November 21, 2013

Manufacturers often struggle with overcoming hurdles to growth, such as implementing new technologies and processes that will streamline operations. A new web-based platform launched in New York aims to address these challenges by connecting small- and medium-sized manufacturing businesses with statewide technology resources and expertise, including industry experts from the New York Manufacturing Extension Partnership, universities and private sector businesses.

  • Read more about Web-based Platform Connects Manufacturers with Technology Expertise in NY

Tech Talkin' Govs, Part V

Wednesday, February 9, 2011

The fifth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Maryland, Montana, Oklahoma, Texas, and Utah. The first four installments are available in the Jan. 5, Jan. 12, Jan. 19 and Jan. 26 issues of the Digest.

  • Read more about Tech Talkin' Govs, Part V

Tech Talkin' Govs, Part IV

Wednesday, January 26, 2011

The fourth installment of SSTI's Tech Talkin' Govs series includes excerpts from speeches delivered in Alaska, Delaware, Hawaii, Michigan, Missouri, Nevada, and Vermont. The first three installments are available in the Jan. 5, Jan. 12 and Jan. 19 issues of the Digest.

  • Read more about Tech Talkin' Govs, Part IV

ITIF Maps State and Federal Path to U.S. Competitive Resurgence

Wednesday, September 19, 2012

U.S. economic policy will require a renewed focus on production and globally traded sectors in order to restore U.S. competitiveness, according to a new report from the Information Technology and Innovation Foundation (ITIF). Furthering the argument laid out in the recently published book Innovation Economics: The Race for Global Advantage and in last year's report "The Case for a National Manufacturing Strategy", ITIF's Stephen J. Ezell and Robert D. Atkinson present 50 recommendations for federal reform to restore the U.S.' competitive edge.

  • Read more about ITIF Maps State and Federal Path to U.S. Competitive Resurgence

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Recent news from the SSTI Digest

Recent Research: What makes place-based economic development policies work?

Wednesday, September 9, 2026
Place-based economic development is back near the center of federal policy, from Opportunity Zones to the CHIPS and Science Act. That renewed attention comes with a familiar problem: decades of enterprise zones, tax incentives, infrastructure investments, and other geographically targeted programs have produced results that are hard to summarize cleanly. In a new NBER working paper, Matthew Freedman and David Neumark ask the better question: not simply whether or not these policies work, but under what conditions they might work, for whom, and why. Their review points to a practical conclusion: policy design matters and targeting a distressed community with development-focused financial incentives is rarely enough on its own.
economic development

A BBBRC grant builds momentum for a highly trained semiconductor workforce

Wednesday, September 9, 2026
For the civic leaders of Osceola County, the Great Recession of 2008 made clear that they could not base their economy so heavily on travel and tourism. By the time COVID-19 hit in 2020, they knew the steps they had taken to diversify their economy were the right ones. When the Build Back Better Regional Challenge (BBBRC) opportunity arose in 2021, the county and its partners were well-positioned to operationalize the benefits the grant presented to the region and create a trained workforce for a recently attracted semiconductor industry. How did Osceola County get here? There are potential approaches to emulate by more areas of the county dependent on low-wage sectors like tourism or, for that matter, extraction-focused regions subject to “boom and bust.” 
semiconductors
workforce

The impact of tax incentives on early-stage company investment varies

Wednesday, September 9, 2026
One persistent question in economic development policy is how incentives impact private sector investment decisions. Recent and ongoing research from Murillo Campello and Guilherme Junqueira of the University of Florida, published in the National Bureau of Economic Research working paper series, explores the impact of the Qualified Small Business Stock (QSBS) program on venture capital risk-taking. The researchers found that the availability of QSBS tax benefits strongly influences venture capital investment behavior, specifically in traditionally structured venture capital funds. They also found no similar behavior among angel or corporate investors, an insight that may hold important program design and policy lessons for the TBED community. 
tax incentives
investing
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