Manufacturers plan to outsource more R&D
Jun 18th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
While many manufacturers are comfortable outsourcing non-core parts of their business, most have been reluctant to outsource research and development (R&D). However, according to Outsourcing innovation: A manufacturer’s perspective, a paper by the Economist Intelligence Unit and sponsored by Siemens PLM Software, this is about to change. In an online survey of 306 senior manufacturing executives conducted for this report, 57% of respondents said they expect to see an increase in the proportion of innovation coming from external partners.