Global growth in spending on research and development is expected to falter this year as a result of the weak U.S. and European economies, though it will likely pick up again next year, according to a new forecast.
Global R&D spending by governments and corporations is expected to rise 2.7% to $1.558 trillion in 2013 from $1.517 trillion in 2012 in current dollars. By comparison, the growth rate was 7.6% in 2012 and is forecast to…
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