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...Political will for public R&D investment has materialised....
...The senior US official also noted that Samsung’s R&D fab for developing future generations of chips would be only the fourth such facility in the world and the first built in the US by a non-US company....
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...He says Vertex’s $4.8bn R&D budget is not about maximising “shots on goal”; it is instead focused on “a set number” of diseases where Vertex has “super-high conviction that they’re going to work”....
...In the last fiscal year, R&D costs were equal to 7.8 per cent of revenue, up from 3.3 per cent in 2014. But it has not been willing to fund a new supply chain for mass car production....
...Spending on R&D reached nearly 8 per cent of revenue last year, up from just over 2 per cent a decade ago....
Tech group must rely on price rises or expansion to lift hardware revenues
...Pencil in Airbus’s current pre-R&D profit per plane, which Sash Tusa, partner at Agency Partners, puts at €10mn across all lines. The project would make a respectable IRR of 14 per cent....
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...D and manufacturing economies of scale....
...“So, although we have a strong tradition in R&D and a globally focused economy, we also have challenges regarding financing and legislation that is focused too much on risk.”...
...Val Miftakhov, chief executive of Anglo-American start-up ZeroAvia, which has received £15mn in grants to develop hydrogen-electric aircraft engines, said the UK excelled in early R&D....
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