Nearly half of the survey respondents expect to more accurately prioritize their R&D projects, while another half will establish research collaborations to spread out their workloads.
About a third of the survey respondents expect to outsource
some of their research work while another third will hire consultants to offset the staffing shortages. The smallest group,
20%, will look to utilize computer-based resources to offset
staffing shortages—the computer-based lab of the future still
isn’t quite there yet.
According to our survey conducted by R&D Magazine editors
in August 2018, the funding for U.S. industrial R&D comes predominately from the survey respondent’s own internal resources
(71% of the survey responses). Secondary R&D funding comes
from external government grants (30% of the survey responses),
such as research grants from the National Institutes of Health
(NIH) to pharmaceutical and biotechnology companies.
Government agencies with strong external R&D grant
programs to industrial organizations include the NIH, National Science Foundation (NSF), NASA, National Institutes of
Standards and Technology (NIST), all DOD agencies, EPA and
the Department of Energy (DOE). External grants from other
companies are also a strong source of R&D funding (20% of
the survey respondents). Other R&D funding sources include
the licensing of intellectual property (13% of survey responses),
state government grants (12%) and philanthropic grants (6%).
According to recent NSF studies, micro, small and medium
sized companies (up to 250 employees) performed about 11%
of the business in the U.S. in 2016. R&D in these companies
was about 7.8% of their sales and the companies employed
about 20% of the U.S.’s industrial researchers. Larger companies (up to 25,000 employees) accounted for about 49% of
sales and these companies employed about 54% of the U.S.’s
researchers. The largest companies performed about 36% of
the nation’s sales and employed the remaining 26% of the
U.S.’s industrial researchers.
Nearly half of respondents
expect to more accurately
prioritize their R&D projects,
another half will establish
research collaborations to
spread out their workloads.
0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50%
R&D Changes Since 2016
Less successful now than in 2016
More successful now than in 2016
Less administrative support than in 2016
More administrative support than in 2016
Less important now than in 2016
More important now than in 2016