Research and Development Funding Per $1 Million of Gross Domestic Product
* Academic R&D is reported by fiscal year
Industry R&D funding is substantially higher than academic R&D funding. Per $1 million of GDP, industry R&D funding has not displayed any trend since the mid-1980s. Arizona’s industry R&D relative to GDP was higher than the national average from 1980 through 1985, but has generally been lower since then. However, Arizona’s figure has been similar to the national figure in some years since 2002.
Per $1 million of GDP, academic R&D funding has trended up. Arizona’s figure was greater than the national average from 1973 through 1996, by as much as 30 percent. It has been lower since 1998, by as much as 15 percent. The differential was 5 percent in 2013.