RESEARCH-AND-DEVELOPMENT - FOUNDATION FOR INNOVATION

Accounting for less than 10 per cent of the total a decade ago, almost 25 percent of all industrial R&D in the United States is now undertak en by companies classified as part of the service sector: Relatively n ew technologies-particularly information technologies-comprise a growi ng share of industry's R&D activities. And just as industry has become less reliant on Federal R&D support, it has greatly expanded its part icipation in a variety of domestic and global partnerships. At the sam e time international R&D investments have become an important componen t of industry's overall R&D portfolio. The data indicate that even tho ugh these structural changes are well underway, there is also little s ign of their slowing, for companies have recognized that successful in novation requires looking beyond the corporate lab to the larger resea rch community.