Research and development spending at major companies declined last year for the first time in more than a decade, according to a survey by management consulting firm Booz & Co.
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The cuts last year were concentrated in auto, computing, electronics and industrial companies, some of the biggest spenders.
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"The world-wide recession finally caught up with the world's top innovation spenders in 2009," the Booz report says, adding that "the most forward-looking companies will likely move quickly to restore the R&D cuts they made in 2009."
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Total 2009 R&D spending by the companies surveyed declined 3.5% from a year earlier to $503 billion.
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第三十八篇: 研发经费普降
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