The long-delayed September jobs report landed today with a headline that White House officials were eager to amplify. The economy added 119,000 jobs in September, more than double analysts’ expectations of roughly 50,000. Yet unemployment ticked up to 4.4%, the highest since 2021, and earlier months were revised down, with August now showing a loss…
Banks and consumer brands build IP fortresses while pharma firms loses ground
Banks and credit card companies are outpacing tech giants in patent portfolio growth, with JPMorgan Chase, Capital One, and Bank of America each adding more than 1,200 active patent families as they race to lock down IP around machine learning, payments infrastructure, and fraud detection. Those are findings from data from IFI Claims. In IFI…
Patent boom belongs to Asia and Big Tech, not Big Pharma
Asia’s patent offices carry the volume while Western megacaps in software, chips and medtech do most of the heavy filing. Drug majors are riding older IP waves instead of driving the boom. According to fresh WIPO data, innovators filed a record 3.7 million patent applications in 2024, up 4.9% from 2023 and the fastest growth…
The researcher of the future uses AI, collaborates globally and conducts research with a real-world impact
Elsevier’s “Researcher of the Future Report,” published earlier this month, reveals that while 58% of researchers use AI tools for work, 45% feel undertrained in AI. Even so, researchers identify the benefits of AI, with 58% of researchers saying it saves them time. 68% of researchers say the pressure to publish is greater than it was…
Lab automation is “vaporizing”: Why the hottest innovation is invisible
[Image from Adobe Stock] Why you should read this report: Lab automation looks hot, but the usual indicators are quiet: patents are flat, vendors report uneven demand, and standard market metrics barely move. This report shows what those signals miss—where recent AI-drug-discovery capital actually landed, why “Lab Automation Engineer” roles increasingly require Python and APIs…
Google on how AI will extend researchers
Asked whether AI will lessen the need for researchers, Google’s head of Research Yossi Matias gave a clear answer. “The only scenario where you would need fewer researchers is if we assume we’ve answered almost all the major questions. I don’t think anyone believes that,” he said at Google’s flagship research conference in Mountain View.…
CBO: FY2025 deficit $1.8T as shutdown idles much of federal science
After months of agency layoffs and program cuts, Washington still ended FY2025 with a $1.8 trillion deficit, essentially unchanged from last year, CBO estimates, while the shutdown idled large parts of the federal science enterprise. Across DOE labs, operations are continuing for now on prior-year funds, with limited visibility beyond the near term. Sandia told…
NSF turns 75 with its doors closed, facing a 60% budget cut in 2026
Visit nsf.gov this week and you’ll see a tan warning banner: ‘Due to a lapse in appropriations, NSF is closed.’ It’s five months past the agency’s 75th birthday: Harry Truman signed the National Science Foundation into law aboard his presidential train in Pocatello, Idaho on May 10, 1950. Now, roughly three-quarters of its staff are…
Does your company make the cut? 2026 Top Workplaces for Engineers nominations open
Engineering.com has opened nominations for its 2026 Top Workplaces for Engineers awards. Companies with at least 35 engineers or engineering staff comprising 10% of their workforce are eligible. The awards recognize organizations that create supportive and innovative cultures for engineering professionals, based on confidential employee feedback. Nominations are open through mid-January 2026, with winners to…
Global R&D Funding Forecast Preview 2025
The question is no longer if China will surpass U.S. R&D spending, but what happens next. R&D World’s 2025 Global Funding Forecast projects China reaching effective parity with the U.S. this year ($1.05T versus $1.07T in PPP terms), with a full crossover expected by 2026. While the specifics of the crossover vary based on your…
Making sense of the new R&D capitalization rules
When the Tax Cuts and Jobs Act’s (TCJA’s) R&D capitalization rules took effect in 2022, one of the biggest concerns for R&D-intensive companies was that the Section 174 R&D capitalization requirements would stifle innovation. The Trump Administration’s One Big Beautiful Bill Act (OBBBA), signed in July, brings significant relief for U.S. companies conducting R&D domestically…
Revealing the 2025 R&D 100 Awards Winners
The official 2025 R&D 100 Awards have been announced by R&D World. This worldwide science and innovation competition, now in its 63rd year, received entries from organizations around the world. This year’s judging panel included industry professionals from across the globe who evaluated breakthrough innovations in technology and science. The Winners are listed below by…
Asia owns IFI’s patent leaderboard as China takes 7 of top 10; Japan leads by company count
Not long ago, U.S. firms like IBM dominated patent rankings, topping U.S. grant lists for decades until Samsung overtook IBM in 2022. But now, Chinese companies claim seven of the top 10 spots in global active patent holdings, In front is State Grid Corp. a state-owned utility. The Chinese Academy of Sciences comes in second,…
The countdown is on: R&D World’s 2025 Awards announcements begin
From finalists spanning more than one dozen countries, our 54-member international judging panel has identified breakthrough innovations tackling some of today’s most pressing challenges. Among them are an AI-powered cancer diagnostics platform that can detect tumors months earlier than conventional methods, novel quantum computing architectures, and sustainable materials that fully biodegrade in about a month. This…
Microsoft Study: Data scientists among most exposed to AI, while lab roles see less impact
How is generative AI like Copilot reshaping work? A fresh Microsoft Research paper, published just this week on arXiv, dives into real-world usage data from anonymized Bing Copilot conversations to map AI’s impact on jobs. While the analysis excludes other R&D-related applications of AI, ranging from, say, AlphaFold’s potential in predicting protein folding to custom…
Hands-on with Patsnap’s Eureka Scout: Strong features meet evolving AI backbone
Patsnap, a Singapore-based AI platform for patent and R&D intelligence, hit unicorn status in 2021 with a valuation over $1 billion after a $300 million Series E round led by SoftBank Vision Fund 2 and Tencent. High-profile clients include NASA, Tesla, Vodafone, MIT and General Electric. The company was founded in 2007. After the CEO…
Trump blocks new Harvard visas after $3 billion in frozen research funds
President Donald Trump on Wednesday ordered a six-month halt on issuing new student visas to Harvard University students, declaring in a proclamation that he is “suspending the entry into the United States of any new Harvard student as a non-immigrant” for a period of six months because their presence “would be detrimental to the interests…
‘Big Beautiful Bill Act’ proposes restoring full R&D expensing for 2025-2029
Quick takeaways Cash now vs. later: Re-expensing gives R&D-focused firms more cash they can plow into trials, fabs or labs instead of handing it to the IRS. Long-term uncertainty: The proposed perk in the “One Big Beautiful Bill Act” would expire after 2029, so strategists already worry about what comes after that if it does…
NSF caps indirect costs at 15% for new university grants
The National Science Foundation will limit reimbursement for facilities and administrative (F&A) costs on all new awards to U.S. colleges and universities to 15% of modified total direct costs starting May 5, upending a decades-old system of institution-specific negotiated rates. The details of the new plan are spelled out in a policy notice. The policy…
NSF chief quits as DOGE drives 55% budget cut and grant freeze
National Science Foundation director Sethuraman Panchanathan resigned on 24 April, the day after staff learned the White House plans to chop NSF’s $9 billion budget to about $4 billion and lay off half of its 1,700 employees. His departure, announced in a brief statement on NSF’s website, follows the mass-layoff scenario R&D World first flagged…
China could outspend the U.S. on R&D by 30%‑plus by 2030—even if the trade war roars on
Run the numbers 1,000 ways, and the outcome never flips: China overtakes the United States on PPP-adjusted R&D spending well before 2030. Our 1,000-run Monte Carlo model, seeded with OECD and World Bank data, puts the narrowest gap at 30%, the median at 58% when considering recent cuts to the National Science Foundation. Tariff hikes,…
White House clampdown puts $1 billion more at risk after $2.3 billion Harvard freeze
Throughout April, the Harvard–White House standoff has morphed from a quiet threat into a multi‑front brawl. Harvard sued the Trump administration for unlawful political coercion, the NIH quietly froze routine grant payments, Massachusetts’ governor warned of an East‑Coast “brain drain.” House GOP committees opened probes, and Harvard earlier moved to float $750 million in bonds to keep…
Why Dorsey and Musk are targeting IP law now
[Updated with quotes from Matthew Asbell, an IP attorney and partner at Lippes Mathias.] When tech heavyweights Jack Dorsey and Elon Musk recently advocated to “delete all IP law,” the exchange on X caused ripples beyond social media. The comment originated with Dorsey, Twitter’s co-founder, to which Musk—X’s owner—replied, “I agree.” This taps into long-standing…
Health-related innovation in Morocco highlighted by resident inventor patenting activity
The continents of Europe, Asia, and the Americas are widely recognized as sources of innovation, but Africa is less known for its R&D efforts. Yet, despite certain economic challenges, Africa is beginning to take its place on the world stage for invention. Recent patenting activity can identify the seeds of such nascent creativity. Patent protection…
$400M gone, federal oversight could loom at Columbia: What is the R&D impact?
Following the Trump administration’s confirmed cancellation of $400 million in federal grants to Columbia University, reports suggest an even more intrusive form of federal intervention could be coming. The Wall Street Journal recently reported the administration aims to place the university under a legally binding consent decree, installing direct federal oversight. While this step remains…
























