The SSTI Weekly Digest reports that business R&D activity has been historically concentrated in a few states and became even more so in 2017, according to a National Science Foundation (NSF) issue brief.
Despite finding total business R&D surpassed $400 billion in 2017, a 6.8 percent increase over 2016 results, NSF’s data also reveals R&D activity in five states alone – California, Massachusetts, Michigan, Washington and Texas – captured well over one-half of all of the nation’s business R&D investment in 2017. These top states represented 55.2 percent of the total in 2017, while five years earlier their share was “only” 49.4 percent of the reported results.
Where does Tennessee stand? The answer is disappointing – about where it was five years earlier and below the five-year average. Click here for more information.