China, Japan high on R&D spending, US slides

China, Japan high on R&D spending, US slides

China and Japan, for the first time, are spending big on biomedical research and development, while the spending by the US has come down. Triggered almost entirely by reduced investment from industry, the R&D spending in the US dropped from $131 billion to $119 billion when adjusted for inflation from 2007-12, while China increased spending […]