Emerging Technologies in the 2005 R&D Funding Report
The 2005 R&D Funding Report from Battelle was recently released. The report was published in the January edition of R&D Magazine. You can see the full report at this site. The report indicates that while industry drove R&D spending in the 90s, government spending drives the investment into new technologies today.
In reading the report, I found the key technologies receiving investment to be interesting. In summary form, they are:
--Materials technologies – for medical device implants and harsh environments,
--Medical diagnostic imaging – for noninvasive diagnostics and better interpretation of images,
--Information mining and assessment – ability to rapidly analyze content from a wide range of topics,
--Environment – managing the environment,
--Energy production and distribution – renewable energies including fuel cells, bioenergy, and hydrogen.
--Medical technology – development of methods for diagnostics including devices, feedback-systems, and early-warning systems.
--Anti-terrorism technologies – including bomb detection/deactivation.
In looking at the industry sectors, I saw that total spending in the Bio/Pharmaceutical industry tops the list now exceeding the automotive industry. The list is as follows:
BioPharm $30B
Automotive $27B
Software $24B
Telecom $22B
Semicon $20B
IT $15B
Chemical $13B
Aerospace $11B
I believe this is one indicator showing how we have moved from the “Physics Century” into what is now called the “Bio Century”. Investment, of course, drives technology development – especially emerging technologies. I recommend you read the report and email me with your thoughts. You can reach me at hall.martin@ni.com
Best regards,
Hall T. Martin
In reading the report, I found the key technologies receiving investment to be interesting. In summary form, they are:
--Materials technologies – for medical device implants and harsh environments,
--Medical diagnostic imaging – for noninvasive diagnostics and better interpretation of images,
--Information mining and assessment – ability to rapidly analyze content from a wide range of topics,
--Environment – managing the environment,
--Energy production and distribution – renewable energies including fuel cells, bioenergy, and hydrogen.
--Medical technology – development of methods for diagnostics including devices, feedback-systems, and early-warning systems.
--Anti-terrorism technologies – including bomb detection/deactivation.
In looking at the industry sectors, I saw that total spending in the Bio/Pharmaceutical industry tops the list now exceeding the automotive industry. The list is as follows:
BioPharm $30B
Automotive $27B
Software $24B
Telecom $22B
Semicon $20B
IT $15B
Chemical $13B
Aerospace $11B
I believe this is one indicator showing how we have moved from the “Physics Century” into what is now called the “Bio Century”. Investment, of course, drives technology development – especially emerging technologies. I recommend you read the report and email me with your thoughts. You can reach me at hall.martin@ni.com
Best regards,
Hall T. Martin
posted by Hall T. Martin at 10:38 AM
1 Comments:
Well done on a great blog Hall T. Martin. I was searching for information on radar detection and came across your post Emerging Technologies in the 2005 R&D Funding Report - not exactly what I was looking for related to radar detection but very interesting all the same!
Post a Comment
<< Home