Let V be a smooth variety defined over the real numbers. Every algebraic
vector bundle on V induces a complex vector bundle on the underlying
topological space V(C), and the involution coming from complex conjugation
makes it a Real vector bundle in the sense of Atiyah. This association
leads to a natural map from the algebraic K-theory of V to Atiyah's
``Real K-theory'' of V(C).
Passing to finite coefficients Z/m, we show that the maps from
Kn(V;Z/m) to KR-n(V(C);Z/m) are isomorphisms
when n is at least the dimension of V, at least when m is a power of two.
Our key descent result is a comparison of the K-theory space of V with
the homotopy fixed points (for complex conjugation) of the
K-theory space of the complex variety VC.
When V is the affine variety of the d-sphere, it turns out that
KR*(V(C))=KO*(Sd).
In this case we show that for all nonnegative n we have
Kn(V;Z/m) = KO-n(Sd;Z/m).
This paper has appeared in Topology 42 (2003), 715-742.