A new study published in the Journal of the American Medical Association reports that the rate of increase in research funding slowed between 2003 and 2008, and in absolute terms, the level of funding from the NIH and associated industriesdecreased by 2% in 2008.
The authors of the study, led by neurologist Ray Dorsey M.D., used regression models and public data from 2003-2007 to quantify funding from government , private, and industry sources, and compared the data to 1994-2003.
Among the major findings was that the rate of increase of overall U.S. research spending has slowed from a compounded annualized growth rate of 7.8 percent from 1994 to 2003 to 3.4 percent from 2003 to 2007.
Read more and view all the findings here.
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