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R&D Dollars Flow Even as Revenues Slump

Firms see innovation as key to post- recession success

By Clay Dillow,  Newser Staff

Posted Apr 6, 2009 11:11 AM CDT

(Newser) – Revenues may be plummeting, but US companies spent as much on research and development in 2008’s fourth quarter as they did in 2007's, the Wall Street Journal reports. Analysts point to products like the iPod, introduced during the last recession, as proof that continued...   Read full story »

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