Winning in pharmaceutical research
Article Abstract:
A study conducted by Columbia University reveals that the success of US pharmaceutical industry can be traced to the willingness of the country to adopt certain national policies. Policies such as public funding of basic biomedical research, high regulatory standards and a free market environment played a vital role in making the industry the leading global innovator. With regards to research and development, the federal government has played a vital part in funding basic research that advance fundamental medical and scientific knowledge in areas such as pathology, biochemistry and physiology.
Publication Name: Research-Technology Management
Subject: Engineering and manufacturing industries
ISSN: 0895-6308
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
U.S. industry spent $124B on R&D last year, as real-dollar decline appears to level off
Article Abstract:
The Industrial Research Institute's (IRI) optimistic outlook on R&D spending by US companies in 1995 seems to be supported by statistics from the National Science Foundation. Based on the number of companies that plan to hire more R&D personnel and increase R&D budgets, the IRI had stated that 1995 would see an increase in real R&D spending, the first time since 1986. The NSF's figures show that real R&D spending in 1987 dollars in 1994 was only down by 0.6%, its lowest in three years.
Publication Name: Research-Technology Management
Subject: Engineering and manufacturing industries
ISSN: 0895-6308
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
It's possible to spend too much on RD&E
Article Abstract:
Industrial research, development and engineering (RD&E) efforts are prone to overspending. This can result from the misallocation of RD&E budgets or the development of capabilities, product designs and processes which the organization cannot absorb or exploit fully. Overspending can be avoided by eliminating the barriers that stem the exploitation of discoveries and by readjusting RD&E portfolios to match an organization's needs and capabilities.
Publication Name: Research-Technology Management
Subject: Engineering and manufacturing industries
ISSN: 0895-6308
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The 'biggest' problems technology leaders face. Industrial Research Institute's annual R&D trends survey
- Abstracts: Consider custom synthesis during pharmaceutical R&D. Improving wastewater pH control. Processing low-rank coal into a viable energy source
- Abstracts: Air wins a new role as a refrigerant. We're history: oxygen discovered by the batman of the 18th century. Ternary hydride releases H2 quickly at low temperatures
- Abstracts: Bringing it all back home. Rural rethink
- Abstracts: Assessing organizational performance. Can benchmarking for best practices work for government? Make customer service analyses a little easier with the PGCV index