Small Business Contributions To Research And Development

“SBA OFFICE OF ADVOCACY”

“In 2019, small businesses with 10–499 employees performed $70.6 billion worth of R&D work and employed over 500,000 R&D workers. Among businesses engaged in R&D, small businesses spend a much higher percentage of their sales on R&D than do large businesses.

About two-thirds of small business R&D spending goes to development, about a quarter to applied research, and the remaining tenth to basic research."

PLEASE CLICK ON BELOW IMAGE TO ENLARGE

READ FACT SHEET:

https://cdn.advocacy.sba.gov/wp-content/uploads/2022/09/21120423/Fact-Sheet_Small-Businesses-Perform-an-Increased-Share-of-RD.pdf