R&D Spending: The Hype of Emerging Technologies (.PDF Download)

April 26, 2018
R&D Spending: The Hype of Emerging Technologies (.PDF Download)

R&D spending is a hot topic right now. Not since the 1990s has such a steady and possibly increasing amount of funding been on the horizon for inventive scientists and engineers. It is a great time to be in the profession. It is a global trend.

Seven or more years of consecutive increases in R&D spending appear to be lining up in the United States, after a five-year decline from 2010-2014. (MD March 18). Our knowledge of what this consistency means is better than it was in the 1990s. Few could spot a technology boom was coming much before it actually arrived. Today, we better understand that consistent spending does make a difference. And, that the effects of uniformity apply to all companies—unless there is a deep core competency in an area of volatile spending (INSEAD). With better management science, industry will hopefully be able to nurture and sustain this portending boom period.

Voice your opinion!

To join the conversation, and become an exclusive member of Machine Design, create an account today!