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UK companies spent £46.9 billion on research and development (R&D) in 2021, an increase of 2.9% compared to the year before, writes Megan Seibel. With so much focus on innovation, it’s vital that those investing in R&D have effective teams in place to maximise success. The question arises “do you only need innovators on an R&D team?”
As rapid change results in ever shorter cycles of competitive advantage, The Schaeffler Group, found that its traditional methods of leveraging its corporate values for competitive advantage were not sufficient. So it has adopted a new Business-to-Innovation strategy.
As society and industry grapple with unprecedented transformative change and disruption, roadmapping provides a useful approach for strategic planning, a recent study has found.
The Silicon Valley of India consistently ranks in the top 25 start-up ecosystems. Could the country become more self-reliant in technology and to have self-determination in critical areas such as AI?
The award for best paper went to Charlotte Chappert, Montpellier Management “Multiple asymmetrical collaborations in green innovation ecosystems”.
The 2023 R&D Management Conference Responsible and Responsive Innovation for a Better Future – is now open in Seville.
It began with welcome remarks from Prof. Carmen Cabello, RADMA chair Jeremy Klein, Prof. Andrea Piccaluga and Rector Prof. Francisco Oliva.
The need for Roadmapping is still vital, but is it sufficiently adaptable to support geographically dispersed teams challenged by rapidly changing technologies and business environments?
According to Schumpeter’s theory of “creative destruction,” R&D should be countercyclical to the business cycle. Empirical evidence, however, consistently contradicts this view. The authors of this study argue that economic downturns increase the equity risk premium, which increases the “hurdle rate” or cost of (equity) capital that is applied to R&D project budgeting decisions, thus stifling corporate innovation.
In 2020, R&D Management journal celebrated 50 years of publication. Co-Editor Paavo Ritala conducted a comprehensive analysis of the journal’s past five decades and looked towards the future in the R&D management field.
The common belief that wars can be good for the economy is a myth; empirical evidence shows consistently that war negatively affects GDP per capita, argue Hanna Motuzenko and Paul Momtaz, co-authors of a new paper analysing the economic impact of the conflict in Ukraine.
Unexpected challenges have forced European SMEs to rethink their business models, as a result they are opening their boundaries and adopting collaborative strategies – but what is needed for this to be successful?
Development of the circular economy is stalling, according to Benito Mignacca, University of Cassino and Southern Lazio. He argues that a lack of collaboration between key players is hindering the transition to more sustainable development and that greater adoption of open innovation strategies could increase the uptake of re-use initiatives.
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R&D Today is the outreach site for the Research and Development Management Association, a charitable organisation that supports research, best practice and innovation. www.radma.net
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