How much of your R&D budget actually goes to invention?
The global chemicals industry spends more than $100 billion on R&D every year. Yet new products are incremental, timelines stretch, and organic growth stalls.
If you’re anything like the chemical and material science companies we talk to, more than half of your R&D budget may go to reformulating products you already sell.
A significant share of what’s left goes to manual data entry, hunting for old results, and waiting on test cycles.
But some teams have gotten ahead of this. Find out what they’re doing differently, and what it takes to give your chemists more time for the work that could define your company’s next decade, and your legacy.
