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(Inc.com) — New government report confirms widely held belief that small companies spend proportionally more of their revenues on research and development than large ones.  Small companies spend proportionally more of their revenues on research and development than large ones, says a new government report. The National Science Foundation and the Census Bureau released preliminary findings on Wednesday from their January 2009 survey of 40,000 U.S. companies on innovation efforts. (The plan is for the survey to be conducted annually from now on.)

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