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ACADEMIC R&D EXPENDITURES 62 TOTAL ACADEMIC R&D: ESTIMATED EXPENDITURES PER INVESTIGATOR. Annual expendituresâincluding operating, equipment, and capital spendingâper academic investigator (FTE) are estimated to have increased from $85,000 (1988 dollars) in 1958 to about $170,000 by the late 1960s, where they leveled off for a decade; in the 1980s, they increased again to $225,000. Figure 2-45: Academic R&D Expenditures per FTE Investigator by Type of Expenditure Figure 2-46: Distribution of Academic R&D Expenditures per FTE Investigator by Type of Expenditure NOTE: Data series within the figures are not overlapped; top line represents total. Financial data are expressed in 1988 constant dollars to reflect real long-term growth trends. DEFINITION OF TERMS: Operating Funds include current-fund expenditures for academic research and development activities that are separately budgeted and accounted for; includes expenditures for senior scientist and graduate student compensation, other direct costs, and indirect costs associated with conduct of academic research. Equipment includes (1) reported expenditures of separately budgeted current-funds for the purchase of academic research equipment, and (2) estimated capital expenditures for fixed or built-in research equipment. R&D Facilities include estimated capital expenditures for academic research facilities. FTE Investigators include those scientists and engineers conducting funded (separately budgeted) academic R&D; the full-time equivalent is an estimate, derived from the fraction of faculty time spent in those research activities, non-faculty scientists and engineers employed to conduct research in campus facilities (except FFRDCs), and post-doctoral researchers working in academic institutions. SOURCE: National Science Foundation, Division of Policy Research and Analysis. Database: CASPAR. Some of the data within this database are estimates, incorporated where there are discontinuities within data series or gaps in data collection. Primary data source: National Science Foundation, Division of Science Resource Studies, Survey of Scientific and Engineering Expenditures at Universities and Colleges, Survey of Scientific and Engineering Personnel Employed at Universities and Colleges.