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Created On: 13/02/2024
in R&D Tax Credits The Frascati Manual for Research & Experimental Development is considered as one of the leading manuals for the classification of R&D. Originating from Frascati, Italy, this OECD manual has been revised many times (latest 2015 ) According to...
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To develop an innovation strategy, roll out an innovation framework or build an innovation programme or project, it is very valuable to take a bigger perspective on what innovation means. Innovation is a broad term and can mean many things t...
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A useful framework to draw on to understand and position Innovation (and R&D) in your company, is Michael Porter’s “ Value Chain ” (outlined below). Michael Porter's “ Value Chain ” comprises a company's “primary” activities and “supporting” activ...
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Lord Kelvin famously wrote “When you can measure what you are speaking about, and express it in numbers, you know something about it, when you cannot express it in numbers, your knowledge is of a meager and unsatisfactory kind; it may be the beginn...
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Created On: 13/02/2024
in R&D Tax Credits Are you developing and launching Products, improving Processes, or improving your Software Platform? If so, you may be carrying out R&D. Why is this important? If you are carrying out R&D, you may be missing out on R&D Tax Credits, Grant Fundin...
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What is ReaDI-Watch? ReaDI-Watch is a one-of-a kind Innovation Management System (IMS). Our digital platform is built by Innovation and R&D experts to help companies embrace and unlock their Innovation potential across any industry. Using R...
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ReaDI-Watch was founded by Prof. Gerry Byrne, Dave Byrne and Aisling Kirwan in 2021. Their goal was to change the way companies invest in R&D and Innovation by democratizing a tried and tested approach and making it accessible to companies around ...
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In the dynamic world of Innovation and R&D, the ability to track and manage grant-funded projects in real-time is a critical skill. This is especially true when it comes to meeting tight technical, financial, and labour allocation reporting requirem...
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At the core of Grant-funded R&D and Innovation projects typically lies an important scientific/technological activity taking place by the funded parties. Usually, the work undertaken in a funded R&D and Innovation project is broken out into Wo...
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The Challenge of Allocating Time to R&D Every company has difficulty with timesheet management. In the R&D world, push typically comes to shove when it comes to: R&D Tax Credit (SR&ED) Claims Grant Claims for Innovation/R&D Depending on the f...