Governments strive to maintain research funding.
The recession has taken its toll on industrial research around the world, according to a scientific-indicators report released on 20 September by the Organisation for Economic Co-operation and Development (OECD) in Paris. As of 2009, the report says, PhD holders in industrial-research posts earned less than their counterparts in industrial executive or management jobs. Meanwhile, academic and government researchers earned more than non-researchers in those sectors. Mariagrazia Squicciarini, an OECD economist, says that the recession has squeezed industrial-research funding globally, even as governments struggle to maintain support for scientific research. “In some countries, the government is trying to ensure minimum funding despite the crisis,” she says.
Related links
Related links
Related links in Nature Research
Employment trends: Drawn to academia
A question of supply and demand
Related external links
Rights and permissions
About this article
Cite this article
Recession hits industry. Nature 477, 623 (2011). https://doi.org/10.1038/nj7366-623b
Published:
Issue Date:
DOI: https://doi.org/10.1038/nj7366-623b