The RAND Corporation (derived from the phrase "research and development") is a non-partisan American nonprofit global policy think tank, research institute, and public sector consulting firm that engages in research and development (R&D) across multiple fields and industries.It is largely financed by the U.S. government, private endowments, corporations, universities, charitable foundations, U.S. state and local governments, private individuals, international organizations, and in small part by foreign governments.The RAND Corporation was originally founded in 1948 by Douglas Aircraft Company to offer research and analysis to the United States Armed Forces following World War II. Today, it has diversified its fields of research beyond the defense industry and… more »
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