Research-Technology Management

Magazine for managers of research, development, and technology implementation.

Articles from Vol. 51, No. 6, November-December

China's Patent System and Globalization: China Has Continuously Improved Its Patent System and IP Laws until It Now Conforms to the World Trade Organization's TRIPS Agreement
With the growth of international trade and the perfection of world capital markets, economic globalization has become an irreversible trend. In response to the tide of change concurrent with economic globalization, for the last three decades China...
Deep Problems in Our Future, AAAS Hears
Anyone who spends even the fewest of minutes scanning the headlines or--more often these days--surfing the Web, knows that the first decade of this new millennium is hardly the most joyous of times. Worries global in scope and local in impact converge...
Driving Innovation into the Marketplace: IBM's First-of-a-Kind Program
Advancing from a lab prototype to a commercial product or service offering can be a lengthy and risky process. IBM's First-of-a-Kind (FOAK) program is an attempt to take a short cut by bringing IBM researchers and clients together in the marketplace...
Evaluating R&D Projects with Hedging Behavior: Decision Makers Can Systematically Reduce the Unique Risk of an R&D Project by Taking the Firm 'S Hedging Behavior into Account
Management's ability to respond to changes in the marketplace or in the outlook for technology can enhance the value of an R&D project. However, many scholars have recognized that the traditional discounted cash flow (DCF) model fails to account...
Finland to Implement New Innovation Strategy
Finland, home of Nokia, the world's largest manufacturer of mobile phones, has honed a new innovation plan aimed at keeping the tiny Nordic country competitive in an increasingly competitive, global market. In August, the Finnish government adopted...
Identify Your Innovation Enablers and Inhibitors: The Value Innovation Potential Assessment Tool Can Provide a Relative Assessment of Your Organization's Aptitude for Innovation
innovation is widely recognized as the key to long-term survival in today's rapidly-changing business climate (1,2). CEOs around the world desire to grow their companies organically at higher-than-market rates and "innovation" is increasingly seen...
Industrial R&D in 2008-Revisiting the 1998 Predictions: The Past Decade Has Seen Encouraging Changes in the Way Researchers, Technology Intelligence, Technical Work, and the Innovation Process Are Managed in IRI Firms. and Most Technology Leaders Believe That R&D in Their Firms Has Become More Effective
In the mid-1990s, the Industrial Research Institute (Research-Technology Management's publisher) undertook several efforts to identify anticipated changes in industrial R&D and the technological innovation process during the next 10 years. One...
Industrial Research Institute's 10th Annual R&D Leaderboard: R&D Spending by the Top 100 U.S. and Non-U.S. R&D Investors in 2007
Double-digit increases in profits during 2007 were reflected by continued strong growth in industrial R&D both in the United States and abroad. Table 1 shows that the top 100 U.S. R&D firms increased their R&D investment by 9.6% last year,...
Innovation Pays off, Research Shows
There's new evidence that R&D/innovation pays off where it may matter most--with the shareholders. This evidence comes from a study by Ashish Sood and Gerard J. Tellis, marketing professors at, respectively, Emory University and the University...
Microsoft Opens 6th Lab for Fundamental Research
From 1978 to 1987, three pairs of industrial scientists won an award that recognizes the essence of basic research: the Nobel Prize in physics. Arno Penzias and Robert Wilson of Bell Labs shared in the 1978 award; while trying to explain faint background...
NASA Researchers Learn Leadership as a Way of Being
The most innovative technology project teams are not traditional hierarchies with an autocratic leader and docile followers. Rather, they are more like heterarchies where leadership shifts according to who has the relevant knowledge at a particular...
Protecting IP in Collaborative Research: A Four-Stage Model Facilitates the Identification and Rectification of the Predictable Pitfalls
The assumption that yesterday's innovation model will lead to prosperity in tomorrow's business world is flawed. Consequently, traditional internal innovation is being augmented by a dramatic increase in collaborative research agreements as firms seek...
Realize Hidden Value through Timely Portfolio Decisions: Dynamic Portfolio Simulation with Aligned Management Processes Can Improve Pharmaceutical Research Productivity
The development and launch of an innovative new drug may take 10 to 15 years, and cost estimates vary from around $500 million to more than $2,000 million, depending on the therapy and the developing firm (1). R&D budgets of international pharmaceutical...
Stay in Front of the Talent Curve: Strategic Workforce Planning Can Help Companies Forecast Their Future Needs for Scientists and Engineers
Innovation-based companies depend on having the right number and type of creative scientific and engineering (S&E) talent to generate and bring to market new products and services. This need to stay in front of the talent curve is becoming increasingly...