Foresight and the Future of R&D

• Published in: Research technology management Vol. 60; no. 1; pp. 43 - 47
• Main Authors: Crews, Christian, Farrington, Ted
• Format: Journal Article
• Language: English
• Published: Arlington Industrial Research Institute, Inc 2017; Taylor & Francis Ltd
• Subjects: Business models; Chemical engineering; Collaboration; Consumers; Employment; Futures; Growth models; Industrial research; Innovations; INVITED ARTICLE; Market positioning; Portfolio performance; Product development; R&D; Research & development; Strategic management; Strategic planning; Trends; Turbulence

[...]R&D within many companies moved more resources to focus on short-term, low-risk projects that create revenues in the one- to three-year plan period. To face them, organizations will need a strong, long-term point of view about the future that enables them to channel innovation productively...