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Government-Financed R&D Declining; Private Sector, Tax Incentives Rise, OECD Finds

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A new set of science and technology indicators shows that the business sector is expected to remain the driving force behind research and development growth, according to the Organisation for Economic Co-operation and Development (OECD). The OECD released its main science and technology indicators today and found that government-financed research and development expenditures have been declining for some years.

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