Government to spend more, industry less on R&D funding. (Industry News).(research and...

According to the R&D Forecast, a joint effort of Battelle and R&D Magazine, total R&D expenditures in the U.S. are expected to increase about 3.4 percent--to nearly $302 billion in 2003. According to the study's author, Battelle senior research leader Jules Duga, "The events of the recent past do not represent a speed bump: they create a detour, one which may not return the system to a more predictable path for several years to come."

A key factor in the 2003 forecast is that industrial support, though basically stagnant, continues to dominate the amount of R&D spendin