IWS Documented News DAILY POSTINGS

IWS Documented News Service

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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor---------------------- Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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National Science Foundation (NSF)

NSF 13-306 | November 2012 |

New Data on Line of Business Improve Understanding of U.S. Industry R&D Statistics [28 November 2012]

http://www.nsf.gov/statistics/infbrief/nsf13306/

or

http://www.nsf.gov/statistics/infbrief/nsf13306/nsf13306.pdf

[full-text, 8 pages]

In 2008, an estimated 92% of companies devoted all of their research and development efforts to one line of business, according to the Business R&D and Innovation Survey (BRDIS). The remaining 8% diversified their R&D spending across multiple lines of businesses, and these companies were the ones that tended to heavily invest in R&D. Companies reporting more than one line of business accounted for $107 billion (33%) of the $328 billion worldwide R&D expense for U.S. businesses. Survey findings also showed that 82% of companies with R&D expenses derived all of their worldwide sales from one line of business.

Companies typically start out offering a single type of good or service to their customers, but as these companies grow (organically or through acquisitions) they sometimes diversify into offering different types of products. Companies typically group related products together for both management and accounting purposes. This InfoBrief examines companies' R&D statistics in terms of these groups, commonly known as lines of business. Companies located in the United States that received BRDIS were asked to identify the lines of business in which they operated in 2008 and, for the first time, were asked to report their sales and R&D expenditures for these lines of business.

AND MUCH MORE...including TABLES...

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