Belts tighten and R&D is feeling the squeeze

Article Abstract:

Australian manufacturers are cutting research and development budgets as they prepare for worsening economic conditions. Spending on R&D is predicted to be $2.6 billion for 2002-03, a slight increase over the previous year. Many analysts are concerned that Australian businesses do not invest enough in R&D.

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Smarter spending habits

Article Abstract:

The growth of expenditure on research and development by Australian companies is discussed. Opinions of executives of various companies on the smarter spending in R&D sector are presented. List of various companies spending in R&D sector are also presented in this context.

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Innovate or perish

Article Abstract:

Globalization brings with it the need to be innovative. Businesses must recognize the advantages they have to gain grounds in the international market. Consequently, the businesses are increasing their investments in research and development activities.

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