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Microbusinesses Performed $5.7 billion of R&D in the United States in 2022.
Analysis

Microbusinesses Performed $5.7 billion of R&D in the United States in 2022

October 29, 2024
U.S. microbusinesses (one to nine employees) reported a total of $7.6 billion in research and development (R&D) expenditures in 2022; $6.7 billion (88%) went towards domestic R&D costs, including roughly $3.7 billion (55%) for salaries, wages, and fringe benefits. Of the total $7.6 billion spent on R&D, $5.7 billion (75%) was performed by the microbusinesses themselves.

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