NIH’s Role in Sustaining the US Economy
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Economic Benefits of Basic Research
How much does funding the NIH cost Americans? The NIH budget is about $48 billion annually. Spread across all 340 million Americans, that amounts to roughly 39 cents per day per person—less than the cost of a cup of coffee each week. How NIH strengthens the economy. For every dollar spent on NIH-based research, an […]
Background Paper on the Definition, Value, and Funding of Basic Research in the United States
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