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| Topic: |
Technology
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| Number of pages / Number of words: |
2 / 410 |
Essay's paper body
Some corporate research projects are handled and funded partially or wholly by the divisions or BUs. In contrast, divisions or SBUs fund development almost exclusively.
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Overall, companies continue to report that 10 percent of total R&D spending has a long-term orientation, 30 percent is for the medium term and 60 percent for short-term work. However, financing of this R&D has become just as hybrid as the organization itself, the survey revealed. Firms accept that funds must be made available for short-, medium- and long-term research and development...
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