Global R&D Investments Trending Upward
ARLINGTON, VA (January 5, 2016)—A partnership between the Industrial Research Institute’s (IRI) Research-Technology Management (RTM) journal and R&D Magazine has aggregated their respective survey findings of R&D spending habits at global firms into a single report featured in full in R&D Magazine, and in excerpt in RTM. The report combines the data from R&D Magazine’s annual global funding forecast and RTM’s annual R&D Trends Forecast report featuring their signature sea change index.
This invaluable resource, drawn from the expertise of leaders in industry and academia, is a public service for policy makers, educators, researchers, economists, innovation leaders and many others worldwide. The results also depict a healthy, growing global economy.
The rate of growth in R&D funding in 2015, and the location of that growth, are both significant. Trends are showing a return to growth, with only minor caveats, across most areas of R&D spending. The increase in R&D investment in Asia, particularly China, and the consecutive annual growth in R&D spending in North America indicate a period of stability, security and healthy competition across industrial sectors. Despite the insecurities in certain parts of the world, interest in scientific and technological progress marches on across developed markets.
About the Industrial Research Institute
The Industrial Research Institute (IRI) is an organization of 200+ industrial and service companies having a common interest in the effective management of technological innovation. IRI member companies span diverse industries and represent a substantial portion of our nation’s gross domestic product. IRI is the only cross-industry organization creating innovation leadership solutions and best practices in innovation management developed through collaborative knowledge creation. For more information, call 703-647-2580 or visit www.iriweb.org.