{"72520":{"#nid":"72520","#data":{"type":"news","title":"Where is the New Science in Corporate R\u0026D?","body":[{"value":"\u003Cp\u003EAlthough corporate research and development operations are increasingly moving to emerging countries like India and China, companies continue to keep the majority of their cutting-edge R\u0026amp;D in developed nations, according to a new study published in the December 8 issue of the journal \u003Cem\u003EScience\u003C\/em\u003E.\u003C\/p\u003E\n\u003Cp\u003ETo maintain this competitive advantage in the new science arena, developed countries must have government and educational policies that preserve the excellence and accessibility of their research universities, note researchers Marie Thursby, professor of strategic management at Georgia Tech College of Management; and Jerry Thursby, professor of economics at Emory University. That\u0027s because high-tech companies frequently seek collaborative relationships with research universities.\u00c2\u00a0\n\u003C\/p\u003E\n\u003Cp\u003EThe researchers surveyed 249 R\u0026amp;D-intensive companies headquartered in the United States and Western Europe, finding that 49.6 percent of the R\u0026amp;D effort in developed nations is for new science while the proportion in emerging countries is 22 percent. The researchers distinguish \u0027new science\u0027 R\u0026amp;D from the application of \u0027familiar\u0027 sciences already in use by a company and\/or its competitors.\n\u003C\/p\u003E\n\u003Cp\u003E\u0022The new science at sites identified by our respondents is largely conducted in developed countries, and this is significantly related to university factors,\u0022 write the Thursbys in the article, titled \u0022Where is the New Science in Corporate R\u0026amp;D?\u0022 They note that the most striking result of their survey was finding that the type of science conducted at a particular location is most influenced by the ease of collaboration with nearby universities and the presence of faculty with special expertise. Survey respondents perceived universities in developed economies to have the greatest collaborative strengths.\u003C\/p\u003E\n\u003Cp\u003ERespondents also indicated that they expect their overall R\u0026amp;D to grow in emerging countries and decline in developed economies. While conventional wisdom suggests that lower cost would be the chief consideration driving this trend, the Thursbys\u0027 research shows that often more important factors include the quality of R\u0026amp;D personnel available and market issues, in addition to opportunities for university collaboration.\u003C\/p\u003E\n\u003Cp\u003EWhen it comes to new science, the edge held by developed countries could dull, warn the researchers. \u0022Although respondents claim it is easier to collaborate with universities in developed countries, there is mounting evidence of changing corporate sentiment,\u0022 write the Thursbys, citing corporate frustration at the increasing aggressiveness of U.S. and European universities when negotiating business\/university research agreements. \u0022This dynamic will only be accentuated as the quality of universities in emerging economies improves,\u0022 the researchers add.\n\u003C\/p\u003E\n\u003Cp\u003EFor more information, contact Marie Thursby at 404-894-6249 or \u003Ca href=\u0022mailto:marie.thursby@mgt.gatech.edu\u0022\u003Emarie.thursby@mgt.gatech.edu\u003C\/a\u003E, or Jerry Thursby at 404-712-8688 or \u003Ca href=\u0022mailto:jthursb@emory.edu\u0022\u003Ejthursb@emory.edu\u003C\/a\u003E.\n\u003C\/p\u003E\n\u003Cp\u003E\u003Cstrong\u003EWriter:\u003C\/strong\u003E Brad Dixon\u003Cbr \/\u003E\nAssistant Director of Communications\u003Cbr \/\u003E\nGeorgia Tech College of Management\u003Cbr \/\u003E\n404-894-3943\u003Cbr \/\u003E\n\u003Ca href=\u0022mailto:brad.dixon@mgt.gatech.edu\u0022\u003Ebrad.dixon@mgt.gatech.edu\u003C\/a\u003E\n\u003C\/p\u003E\n\u003Cp\u003EElaine Justice\u003Cbr \/\u003E\nAssistant Director of Media Relations\u003Cbr \/\u003E\nEmory University\u003Cbr \/\u003E\n404-727-0643\u003Cbr \/\u003E\n\u003Ca href=\u0022mailto:elaine.justice@emory.edu\u0022\u003Eelaine.justice@emory.edu\u003C\/a\u003E\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":[{"value":"Study: University Quality Key to Saving Cutting-edge Corporate R\u0026D from Offshoring"}],"field_summary":[{"value":"Although corporate R \u0026amp; D operations are increasingly moving to emerging countries like India and China, companies continue to keep the majority of their cutting-edge R \u0026amp; D in developed nations, according to a new study published in the journal Science.","format":"limited_html"}],"field_summary_sentence":[{"value":"University quality saves R\u0026D from offshoring"}],"uid":"27301","created_gmt":"2006-12-07 01:00:00","changed_gmt":"2016-10-08 03:01:37","author":"Elizabeth Campell","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2006-12-07T00:00:00-05:00","iso_date":"2006-12-07T00:00:00-05:00","tz":"America\/New_York"},"extras":[],"hg_media":{"72521":{"id":"72521","type":"image","title":"Marie Thursby","body":null,"created":"1449177934","gmt_created":"2015-12-03 21:25:34","changed":"1475894658","gmt_changed":"2016-10-08 02:44:18"},"72522":{"id":"72522","type":"image","title":"Jerry Thursby","body":null,"created":"1449177934","gmt_created":"2015-12-03 21:25:34","changed":"1475894658","gmt_changed":"2016-10-08 02:44:18"}},"media_ids":["72521","72522"],"related_links":[{"url":"http:\/\/www.economics.emory.edu\/Thur.htm","title":"Jerry Thursby faculty page"},{"url":"http:\/\/mgt.gatech.edu\/directory\/thursby.html","title":"Marie Thursby faculty page"}],"groups":[{"id":"1214","name":"News Room"}],"categories":[{"id":"129","name":"Institute and Campus"},{"id":"139","name":"Business"},{"id":"131","name":"Economic Development and Policy"},{"id":"134","name":"Student and Faculty"},{"id":"135","name":"Research"}],"keywords":[{"id":"2566","name":"corporate"},{"id":"2567","name":"offshore"},{"id":"2568","name":"offshoring"},{"id":"2564","name":"r \u0026 d"},{"id":"2563","name":"r\u0026d"},{"id":"365","name":"Research"},{"id":"2565","name":"research and development"},{"id":"2569","name":"thursby"}],"core_research_areas":[],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cstrong\u003ELisa Grovenstein\u003C\/strong\u003E\u003Cbr \/\u003ECommunications \u0026amp; Marketing\u003Cbr \/\u003E\u003Ca href=\u0022http:\/\/www.gatech.edu\/contact\/index.html?id=lgrovenste3\u0022\u003EContact Lisa Grovenstein\u003C\/a\u003E\u003Cbr \/\u003E\u003Cstrong\u003E404-894-8835\u003C\/strong\u003E","format":"limited_html"}],"email":["lisa.grovenstein@comm.gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}