When was R&D First Outsourced? Outsourcing of R&D began on a small scale prior to the 1970s and 1980s. There are examples of R&D outsourcing dating back as far as the 1500’s with Italian Renaissance artist Michelangelo, who set up a network of specific suppliers to provide the materials and skills he needed to create his […]
Three Issues R&D Leaders Face When Outsourcing
After having looked at several reasons for outsourcing R&D projects, as well as a handful of risks of outsourcing, Newlogic now turns our attention to some of the issues outsourcing brings about that R&D need leaders. How to Make Selections For Outsourcing R&D Projects One of the things an R&D leader will be called upon to do […]
10 Portfolio Optimization Best Practices, Research Published by PDMA
The Six Features Needed in Your Idea Management System
Not every idea management system is equal. Phil McKinney identifies the six features needed in your idea management system. We’ve found these are the six key features of InnoAnalytics.com, the leading idea management system for R&D, design and innovation. Idea Management Is Key To Your Innovation Strategy Ideas are the currency in the new creative economy therefore […]
Innovation: Stop Saying it, Start Doing it!
The Wall Street Journal created an article on May 23rd about companies, executives, and authors speaking about innovation so much that it is losing meaning. Companies today are touting “cutting edge” jobs (chief of innovation), innovation teams, and innovation days, to create something new to help the company succeed. Innovation is a word getting dangerously close to […]