Industry Support for Academic Research Rebounds in 2005, After 3-Year Slump

After three years of declining support from industry, colleges and universities saw a sharp upswing in the amount of money they received for science and engineering research and development in the 2005 fiscal year, according to a report released last week by the National Science Foundation.

The report, on the agency's latest annual Survey of Research and Development Expenditures at Universities and Colleges, finds that industrial support climbed by 7.7 percent, reaching a record

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