NATO’s collaboration with defense industries is a critical aspect of its efforts to foster technological advancements and enhance the interoperability of each member’s defense systems. By engaging with the private sector, NATO seeks to leverage the expertise, resources, and innovations of industry leaders in the defense and technology domains. Through industry partnerships, NATO can access…
NATO ramping up R&D spending, Part II: One program tries a new approach
NATO’s Defense Innovation Accelerator for the North Atlantic (DIANA) has launched as a significant initiative designed to harness cutting-edge technologies and creative ideas. This program fosters innovation by inviting startups, researchers, academics, and industry experts from NATO member and partner countries to propose solutions based on dual-use technology to specific defense and security issues. The…
R&D in the U.S. makes more sense now than ever
The United States leads the world’s nations in R&D performance with a global share of 28%. As that number continues to rise, the federal government is doubling down to ensure R&D in the U.S. is here to stay. While a recent tax change negatively impacts U.S.-based businesses that invest in R&D, it further penalizes companies…
California aims to grab CHIPS Act funds
By Gordon Feller The bipartisan “2022 Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022” (CHIPS and Science Act) aims to increase semiconductor manufacturing in the U.S. through a five-year federal investment of $52 billion. With U.S.-China tensions and the potential vulnerability of production in Taiwan, and broader issues of supply chain reliability,…
New data: How R&D and innovation work is changing in 2023
By Scott Kirsner and Meghan Hall, InnoLead If top leaders in your organization have been getting less supportive and more skeptical about long-term projects, that’s not an aberration. New data shows innovation focus in the “pandemic era” — the years from 2020 to the present — has been shifting to near-term, more incremental activities. Our…
Tips and tricks for scientists and engineers to identify patentable inventions
By April Wurster, David Nigro, and Tony Caldwell, the law offices of Snell & Wilmer Because intellectual property (IP) is frequently perceived as complex and costly, many engineers, scientists, laboratory professionals, and R&D managers avoid making decisions about whether their projects can be protected by intellectual property. The various types of IP protections available (including…
R&D tax credit enforcement: Save these records
By Christopher D. Cook, CPA Anglin Reichmann Armstrong CPAs and Business Advisors The Inflation Reduction Act (IRA) allocated $45.6 billion to the IRS specifically for tax enforcement activities that would include hiring more enforcement agents, providing legal support, and investing in “investigative technology.” According to the Congressional Research Service, that is an enforcement funding increase…
R&D World readers asked for input on innovation investment survey
“What factors most impact your ability to get additional human and financial resources to support innovation work?” That’s one of the key questions that the teams at InnoLead and KPMG are asking as part of their current benchmarking survey. The three answers here are bubbling to the top after 100+ responses, but the survey is still in…
Ohio grows into a globally recognized R&D hub
By Gordon Feller With top-notch universities, federal research institutes, leading companies from nine major industry sectors, and 14 top-ranked hospital systems, Ohio is a “quiet giant” of innovation in industrial sectors and life science. Ohio has the fifth-highest number of Fortune 500 and Fortune 1000 companies — and is home to more than 120 NYSE/Nasdaq…
EV battery research continues to expand, in this week’s R&D Power Index
The R&D World Index (RDWI) for the week ending August 26, 2022, closed at 2,453.23 for the 25 companies in the RDWI. The Index was down -3.46% (or 87.89 basis points) from the week ending August 19, 2022. Only one of the 25 RDWI members gained value: 9.34% (Alibaba). Twenty-three of the 25 RDWI members…
Five tactics for upgrading your reporting process
By Jesse Harris, Marketing Communications Specialist, ACD/Labs Reporting is not a glamorous part of pharmaceutical and chemical research and manufacturing. Filling out forms, compiling information, and reviewing data — completing reports is tedious, stressful and error-prone. This is especially true when working with analytical chemistry data since it must be processed and displayed in a…
R&D CDC will restructure following pandemic shortcomings, in this week’s R&D Power Index
The R&D World Index (RDWI) for the week ending August 19, 2022, closed at 2,541.12 for the 25 companies in the RDWI. The Index was down -0.54% (or 13.70 basis points) from the week ending August 12, 2022. Eleven of the 25 RDWI members gained value from 0.04% (Honda Motor Company) to 4.48% (Cisco). Fourteen…
U.S. economy still shows good growth, in this week’s R&D Power Index
The R&D World Index (RDWI) for the week ending August 5, 2022 closed at 2,491.02 for the 25 companies in the RDWI. The Index was down -1.17% (or -29.41 basis points) from the week ending July 29, 2022. Nine of the 25 RDWI members gained value from 0.02% (Sanofi SA) to 5.03% (Facebook/Meta Platforms Inc.).…
2022 Global Funding Forecast: Strong R&D growth with clouds on the horizon
For 2022, U.S. industrial organizations are expected to collectively invest $447 billion in R&D efforts, or about 65.8% of the total R&D monies invested by the U.S. ($679.4 billion). That industrial investment is more than all other global countries except for China. The U.S. federal government is expected to invest $181.4 billion in R&D in…
2022 Global Funding Forecast: R&D variants cover more than the pandemic
Researchers live in a world of variants — coronaviral variants are taking center stage in the media right now. But in 2022, researchers will also have to deal with the challenges of accelerating economic inflation rates, global warming, electrification of everything, fifth- and sixth-generation broadband uncertainties, declining animal and plant diversities, declining global population rates,…
R&D firm BourkeHood helps startups claim over $100M
Bringing an idea to life can be a costly project for startups. Fortunately, Research and Development (R&D) grants are becoming more accessible due to specialist R&D tax incentive firms like BourkeHood. BourkeHood was launched in 2020 by Jason Hood. Hood started the company with absolutely no financial backing, it was based on his passion to…
2022 R&D 100 Awards now open for submissions
The 60th R&D 100 Awards program is now open for submissions. The program is open to corporate, government, and academic R&D organizations across the globe, and has been called “The Oscars of Innovation.” First established in 1963, the R&D 100 Awards is the only S&T (science and technology) awards competition that recognizes new commercial products, technologies…
How Barcelona became an R&D hub: 20 years of District 22@Barcelona
By Gordon Feller In a report charting, “The Rise of Innovation Districts,” the Brookings Institution in Washington, D.C., lists Barcelona alongside seven other cities that contain such districts, the others being Berlin, London, Medellin, Montreal, Seoul, Stockholm, and Toronto. How exactly did an ancient Catalonian city, situated on the coast of Spain, manage to pull…
New data shows most R&D budgets holding steady or growing
By Scott Kirsner, CEO and Co-Founder of InnoLead Is it possible that R&D organizations are weathering the pandemic better than most other parts of Global 1000 companies? A recent survey that we fielded at InnoLead, supported by qualitative interviews with senior R&D execs, buttresses that idea. It’s possible that amidst the pandemic, and dramatically changing…
Accelerating the delivery of R&D projects with hybrid work management
By Shawn Dickerson, Vice President of ProjectManager Today’s businesses remain competitive by seeking market insights and developing new services, products or improvements. Future company growth often sits on the shoulders of the research and development (R&D) department. Beyond researching, planning, testing and implementing new programs on behalf of their organizations, R&D teams are also responsible…
A cool game for one hot competitor — the 2021 Freezer Challenge
International Freezer Challenge honors Univ. of Illinois with 2021 “Winning Streak Award.” By Becky Chambers Hennessy, contributing writer (This is part two of a two-part series. Read part one, Facing sustainability in the lab, here.) The University of Illinois Urbana-Champaign is continuing a hot streak in arguably the coolest competition around. The university was recognized…
Facing sustainability in the lab
By Becky Chambers Hennessy, contributing writer Scientific research leaders are taking a long look in the mirror. They see their laboratories as home to beneficial scientific breakthroughs, in areas from epidemiology and the coronavirus to climate change and greenhouse gases. They’re also recognizing them as resource-intensive spaces with enormous carbon footprints. It’s an irony that’s…
ASM International names Sandy Robert, new executive director
Sandy Robert, CAE will join ASM International as executive director, effective January 1, 2022. Robert will be completing this year as CEO of the Association for Women in Science (AWIS), where she was hired in 2019 to turn around the association’s business model. During her three-year tenure, she spearheaded membership growth and engagement, significantly increased…
Silicon Valley’s R&D triple play
By Gordon Feller, Contributing Writer Increasingly, trilateral R&D partnerships — linking government with academia and industry — are considered critical to the success of Silicon Valley. Such mixed partnerships succeed when they link industrial firms with governments with universities, especially as real-world variations of the “triple helix” model of innovation, which is a more common…
MIT Professional Education offers new professional certificate Program
MIT Professional Education is announcing a new professional certificate program in Strategic Technology Roadmapping and Innovation. With an emphasis on strategic technological leadership, the unique learning experience will provide professionals with the key tools and expertise necessary to successfully implement and manage emerging technologies within their 21st-century organizations. “Effective technology implementation requires careful planning, evaluation…