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IRI R&D Trends Forecast 2007

The 23rd IRI R&D Trends Forecast, based on survey data from 99 of the 200 IRI member organizations that conduct R&D in the U.S., shows that member firms with U.S. research facilities anticipate a significant increase in overall spending and a strong focus on new business development. R&D leaders will continue to be pushed to grow the business through innovation at an increasing pace. Members expect to continue to accelerate their open innovation through collaboration on R&D with each other, universities and federal laboratories. Other forecasts in the report include increases in outsourcing R&D and licensing technology from others.