U.S. falling behind on R&D?
A new report by the Information Technology and Innovation Foundation (ITIF) concludes that America's R&D tax credit in 2012 dipped to 27th out of 42 countries studied.
Most recently, the U.S. credit ranked 24th out of 38 industrialized countries, according to the Organisation for Economic Co-operation and Development.
The ITIF report is the latest snapshot of what the tech sector says is clear evidence that the U.S. is not keeping up with global competitors when it comes to incentivizing research.
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