Investing in R&D can seem hard to justify – we get it. However, as the Harvard Business Review said, there really aren't alternatives. Any company that values innovation and progress needs to be putting their resources into those goals. There is absolutely a mutually beneficial relationship between the large businesses funding this and the opportunities …
Companies with more than 500 employees not only do 5.75 times more R&D than small companies, but their R&D is 13% more productive — meaning large firms are the real engine of economic growth.Similarly, the probability of small company success is low: On average, only 25% of venture capital–backe... - via Harvard Business Review @ hbr.org
The payback on R&D efforts is not a linear relationship relative to revenue. In many cases, it may take years to see results just for the viability of a new product or service, much less profitability. And it is not uncommon for those years to see no results at all resulting in a loss on …
The Pros and Cons of R&D
The payback on R&D efforts is not a linear relationship relative to revenue. In many cases, it may take years to see results just for the viability of a new product or service, much less profitability. And it is not uncommon for those years to see no results at all resulting in a loss on investe...
In today’s hyper-competitive world, new products and new services are paramount to a company’s survival. But except for 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. And of …
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. But except for some commodified process manufacturing industry segments with narrow product portfolios, the R&D involved in developing new products can be expensive. Data from as ...