Day: November 11, 2020

Dr. Mira Ray
November 11, 2020

In today’s hyper-competitive world, new products and new services are paramount to a company’s survival.  And with the exception of some commodified process manufacturing industry segments with narrow product portfolios, the R&D involved in developing new products can be expensive.  Data from as recently as 2018 show that R&D spending was around $2 trillion USD.  …

How Much Should You Be Spending on R&D?

In today’s hyper-competitive world, new products and new services are paramount to a company’s survival.  And with the exception of some commodified process manufacturing industry segments with narrow productIn today’s hyper-competitive world, new products and new services are paramount to a company’s survival.  And with the exception of some commodified process manufacturing industry segments with narrow product portfolios, the R&D involved in developing new products can be expensive. [...]
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