R&D budgets set to grow with China the biggest recipient.Two thirds of Asian executives are set to boost R&D budgets over the next three years to reflect the critical importance of innovation to maintaining a competitive advantage, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. an executive survey conducted by Economist Intelligence Unit The Economist Intelligence Unit (EIU) is part of The Economist Group. It is a research and advisory company providing country, industry and management analysis worldwide and incorporates the former Business International Corporation, a U.S. for Thomson Scientific Thomson Scientific is one of the five operating divisions of the Thomson Corporation. The Scientific division provides information-based solutions for the Academic, Business and R&D communities. .
The findings, which were revealed at the "Think Smart R&D and Innovation Roundtable" held in Beijing, state the country most expected to benefit from this investment is China, with 48.15% of companies stating it will have the biggest share of its R&D spend, ahead of India (24.07%), US (21.69%) and Europe (20.99%). Up to 40% of respondents cited the Chinese Government's active support for R&D as China's greatest asset. The survey polled 165 senior executives in Asia-Pacific (including 37% from China) and was conducted in April-May 2006.
Thomson Scientific - part of the Thomson Corporation, a leading provider of integrated information based solutions - has developed a number of innovation lead initiatives to assist R&D teams at universities and Chinese and foreign enterprises to gain competitive advantage through a better understanding and usage of Intellectual Property data.
The survey reveals that over a quarter of respondents view international companies as more competitive than their own organization, while only 6.75% view Chinese companies Chinese owned companies can be defined as enterprises within mainland China, Hong Kong, Macau and the Republic of China (Taiwan):
Vin Caraher, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Thomson Scientific explains:
"It is clear that China is rapidly shifting from a low cost manufacturing base to a low cost innovation base, where complex R&D processes, experimentation and exploration are conducted. As this shift occurs, the role of Intellectual Property for Chinese enterprises will become more important as companies use Intellectual Property data to leverage a competitive advantage."
Thomson, which has over 30 years expertise in China, is well placed to assist Chinese companies to innovate faster and with higher frequency by providing authoritative and reliable patent data. Thomson Scientific produces Derwent World Patents Index The Derwent World Patents Index (or DWPI) is a database containing patent applications and grants from 41 of the world's patent issuing authorities.
Compiled in English by editorial staff, the database provides a short abstract detailing the nature and use of the (DWPI DWPI Derwent World Patents Index ), the world's largest commercial collection of patent data. Its team assesses, classifies, summarizes and indexes in excess of 39,000 patent documents each week from 42 international patent offices. In addition, Thomson has 900 databases (with six billion pages of content) from the most authoritative authors, as well as the analytical software Analytical software is software that is designed specifically for and development of a particular environment or object. solutions to help academics and business professionals uncover trends, profile competitors and identify strategic development opportunities.
As part of Thomson's support for global innovation, the company partnered with the State Intellectual Property Office (SIPO SIPO State Intellectual Property Office (China)
SiPo Sicherheitspolizei (German: security police)
SIPO Serial In, Parallel Out
SIPO Strategic Indicative Plan for the Organ ) in China to launch an IP Knowledge Contest with SIPO's China Intellectual Property News (CIPN), with the aim of gauging the professional and academic public's understanding of Intellectual Property. Questions vary from piracy restrictions to time limits for the protection of an invention, with results due later in 2006.
In addition, in 2005, the company worked with the Ministry of Information Industry to develop the Thomson Joint Laboratory for Intellectual Property Development, which provides Chinese citizens Chinese citizen can refer to
The Thomson Corporation, with 2005 revenues of US$8.7 billion, is a global leader in providing integrated information solutions to business and professional customers. Thomson provides value-added information, software tools and applications to more than 20 million users in the fields of law, tax, accounting, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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