A Study for Qualitative Research into Businesses: Research and Development
Abstract: HM Revenue & Customs, (HMRC) in conjunction with the Department for Business, Innovation and & Skills, (BIS) commissioned Data build Research and Solutions to conduct qualitative research to investigate businesses‟ processes for making decisions about research and development (R&D) and to identify the effects of two state sponsored research incentives: R&D tax credits and grants for R&D, on their behavior To explore these research questions, qualitative interviews were conducted with managing directors, finance directors and the directors responsible for R&D in companies which undertake technology or science-based R&D in the UK.
Applying for R&D tax credits is seen as a matter of accounting routine and there appears to be a disconnect between the R&D and finance functions in many companies. Very often, those engaged in R&D are not personally involved in making the claim since it is handled by others, frequently outside the company. The provision of the required information can be challenging at the start but soon becomes part of a routine. At the end of year, external accountants play a major part in giving advice and processing the claim but do not always provide accurate information. keep reading…
A Case Study about Labor Productivity Improvements
Abstract: This paper examines the importance of Research and Development activities as a source of growth in labor productivity in the Canadian economy within last four decades. Time series data are used to develop an econometrics model that captures the interaction between labor productivity and R&D, stock of public infrastructure and trade openness.
Extensive tests of quality of data, choice of model and structural breaks are performed to enrich the value of the research. Our results suggest that the type of capital involved has a significant effect on the extent of labor productivity and growth improvement. Innovation as the major characterizer of the knowledge based economy improves the labor productivity both in short and long run. The trade openness effect has been discussed in depth consequently.
Case Study about Pharmaceutical Price Controls in OECD Countries
Executive Summary: Improvements in health care and life sciences are an important source of gains in health and longevity globally. The development of innovative pharmaceutical products plays a critical role in ensuring these continued gains. To encourage the continued development of new drugs, economic incentives are essential. These incentives are principally provided through direct and indirect government funding, intellectual property laws, and other policies that favor innovation. Without such incentives, private corporations, which bring to market the vast majority of new drugs, would be less able to assume the risks and costs necessary to continue their research and development (R&D).
The study examined the drug price regulatory systems of 11 OECD countries and found that all rely on some form of price controls to limit spending on pharmaceuticals. The principal methods these governments employ are reference pricing, approval delays and procedural barriers, restrictions on dispensing and prescribing, and reimbursement. These methods prevent companies from charging a market-based price for their products. They also tend to be nontransparent, as the criteria and rationale for certain pharmaceutical prices or reimbursement amounts are not fully disclosed even to the pharmaceutical companies seeking to market their drugs.
A Study of Project Based to Matrix Organisation: Rapidly Expanding Generic Pharmaceutical Company in New Zealand
Abstract: The company under investigation (Beta) is rapidly growing which necessitated an organisational restructure in the Research and Development (R&D) department from project based to matrix style. A matrix structure is considered to have the capacity to sustain future company growth while retaining or improving R&D productivity and efficiency. Currently, there is no defined operational management system for the newly implemented matrix organisation in the main case company under study. Moreover, little empirical research has been achieved on how to operationally manage a matrix organisation and minimise potential matrix challenges.
The purpose of this thesis is to identify best practice for the operational management of a matrix organisation design within a generic pharmaceutical company. To achieve this, the implementation and managerial challenges of a matrix organisation were investigated. To answer the research questions, semi-structured interviews were undertaken with employees from the main case company under study (Beta), and one participant each from two smaller complementary cases: Gamma and Delta. Additionally, one key informant experienced with matrix implementation and management was interviewed.
The automobile industry has had a turbulent ride in the past few years due toeconomic conditions. Fierce competition and globalization has made manufacturersstrive for their market shares. Customer’s expectations, product innovation,differentiation strategy and high levels of Research and Development have been themajor area of focus for the industry.
Bayerische Motoren Werke (BMW), which initially entered as an aircraftmanufacturing company in 1917, had to end its production after World War I in 1923due to the Versailles Armistice Treaty. BMW then made a shift to production of motorcycles in 1923. Finally, BMW started the production of cars in 1928 and todayis one of the biggest automobile manufacturers across the globe.
This case highlights the birth of BMW Group in the United Kingdom (UK) along withthe key issues faced by the company, its marketing strategies, core competencies,industry competition and brand positioning of BMW.Read More…
The Issues Related to Awarding Teachers Pay on the Basis of Their Students’ Progress
The National Center on Performance Incentives (NCPI) is charged by the federal government with exercising leadership on performance incentives in education. Established in 2006 through a major research and development grant from the United States Department of Education’s Institute of Education Sciences (IES), NCPI conducts scientiﬁc, comprehensive, and independent studies on the individual and institutional eﬀects of performance incentives in education. A signature activity of the center is the conduct of two randomized ﬁeld trials oﬀering student achievement-related bonuses to teachers. Center is committed to air and rigorous research in an eﬀort to provide the ﬁeld of education with reliable knowledge to guide policy and practice..
A Bradford-based tent and marquee specialist is venturing into the field of luxury ‘glamping’ with new product lines thanks to a £70,000 investment from Finance Yorkshire. The company – which started in 1896 as Bradford Cover and Twine Company – manufactures tents for youth groups, tour and adventure holiday operators as well as garden marquees and soft play equipment for individual as well as large international clients. BCT Outdoors Director Chris Fawcett said: “The company’s success relies heavily on research and development and listening to customers, and this philosophy, backed by traditional skills, has enabled the company to build a large customer base both at home and abroad..
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Executive Summary: The objective of the Innovation Impact project has been to assess the impact of the collaborative RTD projects funded by the 5th and 6th European Framework Programmes for Research and Development on innovation. The study was based on four lines of inquiry and 10 more detailed research questions that allowed the project team to identify, explore and evaluate the interactions between research, technological advancement and innovation.The present report draws exclusively on the data collected in the case studies. Thus, although it is a stand-alone report, it should be considered as a complementary part of a much larger research effort involving econometrics and statistical analysis of quantitative data…
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Introduction: Medha Servo Drives Pvt. Ltd., founded in 1984, is focused on rail transportation. Since inception, Medha has used Research and Development as a tool for success and today they are proud to be known for their product range, domain knowledge, design expertise, quality and manufacturing capabilities.
The Challenges: Medha’s product specialization covers Control Electronics, Power Electronics and Signaling. The requirements of these domains are very complex and safety critical. There are verification and validation processes at each stage of designing and manufacturing activities… Click here to read more…
Electronic discovery (eDiscovery) is a highly competitive, rapidly changing technology-enabled services industry. In the face of stiff competition, eDiscovery pioneer EED determined that incorporation of Agile and Scrum practices could help them drive a world-class research and development team to innovate faster and stay ahead. Click here to read more on Electronic Evidence Discovery…