News
R&D getting more applied
Government expenditure on research and development as a proportion of GDP has declined marginally while university spending has increased slightly, new Australian Bureau of Statistics (ABS) data has revealed.uted 72 per cent of higher education R&D – about $2 billion, $1.8 billion and $1.1 billion respectively. NSW recorded the largest growth in R&D, increasing $450 million or 29 per cent since 2006, while South Australia had the highest increase in R&D as a proportion of gross state product.
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