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...In the last fiscal year, Apple spent twice as much buying back its own shares as it did on R&D....
...That is partly because the banks have viewed the small enterprises as a risky bet. “The majority of SMEs are expat-owned and asset-light — import, export, trade, retail,” said Camarate....
...According to the European Federation of Pharmaceutical Industries and Associations, a Brussels-based lobby group, the US attracted a third more R&D investment than Europe in 2010....
...Political will for public R&D investment has materialised....
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...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....
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...Spending on R&D reached nearly 8 per cent of revenue last year, up from just over 2 per cent a decade ago....
...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”....
Tech group must rely on price rises or expansion to lift hardware revenues
...“Any time I was in Venice I’d stop by the shop to see Attilio,” adds Amfitheatrof....
...Advantech launched a software R&D centre in Pune last October and aims to hire hundreds of software engineers....
...There is now a risk that R&D switches focus from the drugs that are most needed, to those that avoid US price controls....
...“We have confidence in the Tesla team’s ability to spend capex and R&D efficiently in projects that can derive high-growth/positive economic returns,” said Morgan Stanley’s Jonas. “However . . ....
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