A new study by MIT finds the United States falling behind in pure R&D (research and development), while other countries put increasing emphasis on it. This was discussed in the April 28, 2015 Wall Street Journal article “U.S. Faulted for Risking Edge in R&D” by Robert McMillan. The article explains that lack of R&D spending applies not just to our country, but also to corporations. According to the Wall Street Journal article, “the MIT authors say basic research–the study of core scientific concepts that may or may not have commercial applications–has essentially vanished from corporate laboratories.”
As I see it, this raises an interesting question about pure R&D Continue reading “Might Doing Pure R&D Be Wothwhile in Some Companies?” »