University spending on research and development, 2012-13

University spending on research and development in all fields totaled $65.8 billion in fiscal year 2012, according to data from the National Science Foundation. The foundation's Higher Education Research and Development Survey found that, when adjusted for inflation, higher education R&D expenditures declined by 1.1 percent in 2012-13.

Here are the 10 U.S. higher-education institutions with the largest R&D expenditures in fiscal 2012.

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