Andrew Schlidt authored "Is Your Company Capturing the Benefits of Collaborative R&D?" (InBusiness Magazine Legal Login Blog)

A new report by the Industrial Research Institute in Washington, D.C. forecasts that global research and development (R&D) spending will increase by 3.5% in 2016 and reach nearly $2 trillion in value. About one quarter of the spend ($514 billion) will occur in the United States, with the remainder primarily in Asia and Europe.

The benefits of collaborative R&D are numerous. Many U.S. companies increasingly look to jointly develop new products in collaboration with key partners. Who are your key partners for purposes of R&D?

Read the full article here.