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What's the Worth of Future R&D?

Posted February 09, 2010 7:52 AM

The first decade of the new century saw a dramatic reduction of R&D. Some experts believe the steady decline of high quality jobs isn't due mainly to the current recession, nor the rise of off-shoring, but instead to the drop in R&D spending. Some also say the ability to grow out of the recession is seriously hampered without the innovation that sprang from R&D in past decades. Do you see big private R&D investments, a la Bell Labs, ever returning? And, how important is it for growing tech jobs?

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Guru

Join Date: Oct 2007
Location: Transcendia
Posts: 2963
Good Answers: 93
#1

Re: What's the Worth of Future R&D?

02/09/2010 7:39 PM

Nah, that's just crazy. Those experts don't know what they are talking about.

We don't need anything new or better, it's just got to be packaged better.

Besides that, why do you need your own R&D department to do anything, when all the Universities and colleges will get their out of work students to pay to both go to school, and do all your R&D for you for peanuts?

There is all that free labor out there, free information, free free free!

R&D, its free!

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Guru

Join Date: Feb 2009
Location: Tamilnadu, India
Posts: 836
Good Answers: 42
#2

Re: What's the Worth of Future R&D?

02/11/2010 9:23 AM

R&D is a KAIZEN activity by way of idea, product, process, new features review, cost cutting, productivity,product ventures, product competitiveness building and so on.

Some how R&D is always outlooked as a high budget affair or image in corporates.Money always had become the prime focus, non convincing to managements, to whom business and profit is the only mantra.

Flowing new ideas and implementations, readiness to test and implement values are positive signs of good health of organizations.

Keep away the money barrier in the development process.

Efforts can lead to better results than money inputs to R&D, and it's all about smart R&D budgeting.

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Anonymous Poster
#3

Re: What's the Worth of Future R&D?

02/12/2010 5:56 PM

The West's present day technological supremacy (so far) is due to financing a well educated and imaginative R&D sector. But R&D is not a stand alone thing. It is closely linked to a robust manufacturing base at home. Once the manufacturing base erodes, so will the R&D erode also. Makes no sense to pursue R&D to benefit foreign industry. In general I would say that if a country wishes to become a industrial power and also a industrial leader, R&D is absolutely essential.

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