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ACADEMIC R&D EXPENDITURES 59 ACADEMIC RESEARCH EQUIPMENT: SOURCE OF FUNDS Expenditures for academic research equipment have increased from less than $200 million (1988 dollars) in 1958 to $600 million in the mid-1960s; they fell during the 1970s, but have increased substantially in the 1980s to nearly $900 million. The federal share of academic research equipment funds has declined from roughly 75 percent in 1958 to about 60 percent in the late 1980s. Figure 2-39: Expenditures for Academic Research Equipment by Sources of Funds Figure 2-40: Distribution of Expenditures for Academic Research Equipment by Source of Funds 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: Research equipment expenditures include (1) reported expenditures of separately budgeted current-funds for the purchase of research equipment, and (2) estimated capital expenditures for fixed or built-in research equipment and furniture. Federal funds include expenditures for academic research equipment with monies from grants and contracts for academic R&D (including direct and reimbursed indirect costs) by agencies of the federal government; excludes expenditures for FFRDC facilities. Other sources include state and local governments, the institution themselves, industry, and other non-profit organizations. 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.