Proposed federal cuts to research and development would cause the state to lose thousands of jobs and millions in revenue, according to a new report released Thursday by the University of Massachusetts Donahue Institute.
Federal funding for research and development supports 81,300 jobs and more than $16 billion in total economic activity in Massachusetts, the report found. This funding goes to hospitals, colleges, pharmaceutical firms, research facilities and private and nonprofit organizations.
Every $1 of research funding generates nearly double the amount of economic activity, according to the report…