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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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Last Updated: 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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Last Updated: 13/02/2024
in RD&I and the Economy
The TRL scale was originally developed by NASA in the 1970s with for space technology (readiness for space!), and has been adapted and adopted by international innovation and R&D bodies since, to classify technology with respect...
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Last Updated: 13/02/2024
in RD&I and the Economy
Different types of Research & Experimental Development (or R&D) is carried out by companies, universities, RPOs (research performing organisations), institutes of technology and others. According to the OECD’s Frascati Manual , the definition ...
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Last Updated: 13/02/2024
in RD&I and the Economy
ReaDI-Watch estimates that more than 200,000 SMEs in Ireland, the UK, and North America collectively invest over $0.5 trillion annually in R&D with an expected annual growth rate of 10%. This funding comes from various sources, including State Fundi...
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At the core of Grant-funded R&D and Innovation projects typically lies an important commercial activity taking place by the funded parties. Usually, the work undertaken in a funded R&D and Innovation project is broken out into Work Packages. ...
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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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Last Updated: 01/02/2024
in R&D Tax Credits
ReaDI-Watch brings customers from a “retrospective” end of year approach to submitting R&D tax filings by implementing a culture and structure for real-time data capture in the business. Qualifying R&D activity for R&D tax credits may form a pa...
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Innovation Process and R&D Decision-Gates Real-Time Development Tracking & Progress Gates When developments are "live" or RD&I projects are "Active", tracking their progress in "real-time" leads to better outcomes for the business, and a more emp...
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Innovation Process and R&D Decision-Gates Idea Capture & Idea Evaluation Ideas should be captured by all team members across the organisation. Setting up a clear set of tools and processes to capture ideas can seem bureaucratic up-front, but if ...