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The 2007 Representatives' Round Table examines how companies can maintain their creativity, particularly within their R&D organisations. The discussion will cover the changing role of R&D in the face of more open styles of innovation, and the need to make effective use of talents on a global basis and complement internal strengths with external resources. It will also consider the need to combine technical and non-technical skills to obtain innovative services as well as products.
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This Round Table compares approaches to fostering and managing an appropriate influx of new ideas into R&D and selecting the right balance between promising ideas with evident high business potential, and more speculative ideas for the longer term. The meeting will look at the criteria and methodologies used for stimulating this process, making good selections and handling internal communication to best effect.
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This Round Table aims to show how companies are adapting to and taking advantage of the move towards more open innovation, which integrates creativity from multiple sources. With major industrial players increasingly acting as technology assemblers for innovative products and processes, how do these companies manage the new relationships between their R&D organisation and the outside world?
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The concept of Pipeline Management was first introduced by the pharmaceutical industry, recognising that stock market valuations depended on the likely output of their product pipeline. This Round Table explored the extent to which it is possible to translate this concept to meet the needs of other industries.
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This meeting of the EIRMA Knowledge Management Special Interest Group was hosted on the Eindhoven campus of Philips Round Table, a living example of the principle of open innovation. The meeting examined what open innovation works in practice, how researchers function in this environment, and the role of knowledge management in handling technology transfer from multiple sources.
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With Europe facing a decline in the number of graduates and postgraduates emerging from universities with qualifications in highly numerical and physical-science degrees, employers offering careers in R&D are finding themselves in competition for this resource with the financial services and ICT industries. This Round Table focused on how to make a career in industrial R&D more attractive to highly qualified scientists and engineers, and the ways in which industry and universities communicate their understanding of skill and knowledge requirements to the benefit of both parties.
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“The best management development happens when experienced managers come together to learn from each other - to discuss common concerns and visit each other's companies.” Financial Times
The European Industrial Research Management Association (EIRMA) is an independent, not-for-profit organisation, which aims to enhance innovation through more effective market-oriented research and development. Unique features of the Association include the networking and personal contact that the Financial Times recommends. It's been offering this forum for over 40 years.
EIRMA provides a platform for discussing ideas and exchanging practical experience. Its activities support companies in benchmarking and improving their innovation processes through well-managed and well-organised research and development. These establish EIRMA's members as a natural first point of contact for policy makers and others seeking the business community's insight.
EIRMA's website provides further information on the items featured in IQ, other key aspects of research and innovation management and records of recent meetings and all publications.
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Events
Carbon Emissions: Using the R&D Organisation Effectively Breakthrough Innovation for Societies of the Future
Publisher
Andrew Dearing
adearing@EIRMA.asso.fr
Editor
Luke Collins
LukeCollins1@compuserve.com
Production
Freeway Media
www.freewaymedia.com
Innovation Quarterly is published by the European Industrial Research Management Association
www.eirma.org
doi:eiq-2006-009-0012
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