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Academia: research-performing colleges and universities reported an 11% increase in their amount of research space from FY2001-2003 to about 173 million net assignable square feet (NASF), according to a survey of Science and Engineering Research Facilities conducted by the National Science Foundation.

Academia: Research-performing colleges and universities reported an 11% increase in their amount of research space from FY2001-2003 to about 173 million net assignable square feet (NASF), according to a survey of Science and Engineering Research Facilities conducted by the National Science Foundation. Since 1998, research space has increased at a rate of 4%. All fields of science and engineering, except agriculture, increased research space from FY2001-2003, with the biological and medical sciences having the largest total space of 36 and 35 million NASF, respectively. Academic institutions reported an investment of about $7.6 billion for the construction of new research space during FY2002-2003. Forty-eight percent of research-performing institutions began 420 construction projects, which are expected to result in 16 million NASF of new research space. Doctorate-granting institutions accounted for 85% of new construction projects. About 56% of newly constructed space is used for research in the biological and medical sciences.

Source: National Science Foundation
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Title Annotation:Industry Watch
Publication:Instrument Business Outlook
Date:Aug 15, 2005
Words:154
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