Innovation
Research & Development
An important source of gains in productivity, research and development (R&D) is an integral input to an innovative environment. Recent empirical evidence suggests that R&D investments may promote the accumulation of human capital as well. Research universities are an important source of R&D, but considerable R&D activity also takes place in the private sector.
The indicators in the Research and Development subcategory of the Innovation Indicators dashboard include university R&D, federally funded R&D, private-sector R&D, and patent applications.
