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Major boost in R&D spending expected
After several years of stagnation, U.S. government, industry, and university spending for research and development is expected to grow to more than $215 billion this year - a 4.66 percent increase over the $206 billion that officials at the National Science Foundation estimate was spent in 1997. This growth estimate comes from defense and technology consultant Batelle Institute in Columbus, Ohio, in the group`s publication "R&D Magazine." The expected 1998 increase in R&D spending may signal a t