Capital Region Academic R&D Spending Rose 5.4% in FY2016
Region is the Northeast’s 8th Biggest and 6th Most Intense Spender on University Innovation Academic research and development expenditures at Albany-Schenectady-Troy metropolitan statistical area (MSA) higher education institutions increased over the year by more than $28 million, or 5.4 percent. In fiscal 2016, eight local colleges and universities spent