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WHERE THE US STANDS IN THE GLOBAL R&D SCENARIO

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The USA occupies a position of global leadership in the field of R&D. Over the last 30 years, the proportion of GDP devoted to R&D has averaged at around 2.5%. Although this figure corresponds to international standards - apart from the towering 3.5% of Japan and South Korea - American GDP has remained continuously higher than others. This fact granted to American R&D more funds and fostered the commercial and military power of the country. Indeed, this positive trend should be maintained, to ensure a steady development of the economic, industrial and social fabric of the United States. Speaking in absolute terms, at present the United States is still the country that invests most in scientific research. In fact, the USA is outspending its most direct competitors (namely the EU, Japan, and China) regarding resources deployed. In 2013, these players respectively spent in R&D $ 340, 152 and 294 billion, against the $ 456 billion expenditure of the United States. Moreover,…