Universities and colleges perform the majority of basic research in the United States, while industry performs the majority of applied R&D.
Figure 4. Patterns of funding for basic and applied R&D conducted by universities and colleges, industry and the federal sector: 1950-2006
SOURCE: Appendix Tables 4-10, 4-14, and 4-16, Science and Engineering Indicators 2008, National Science Foundation, http://www.nsf.gov/statistics/seind08.
DIGEST OF KEY SCIENCE AND ENGINEERING INDICATORS 2008 – General Science and Engineering Indicators