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Article | REF: AG210 V1

Research development innovation (RDI) inside companies

Author: Luc E. BRUNET

Publication date: January 10, 2016, Review date: October 23, 2020

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2. RDI challenges

The stakes involved in RDI are primarily economic: at macro-economic level, they reflect the strategy of Western governments in their quest for technological advantage; at company level, they reflect the need to improve operating margins. In 1921, American economist Franck Knight established the sources of profit . Three types of activity can be distinguished:

  • chronic activity: the company produces objects or services whose manufacture and sale are almost certain. Production is massive and margins low. Many craft businesses fall into this category;

  • risky activities: the company invests against a market forecast, but production and...

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