Research and Development (R&D)

Slides:

Advertisements

Similar presentations

Introduction to Macroeconomic Concepts

Advertisements

A2 External Influences International Competitiveness and economic growth.

Balance of Payments Adjustment Policies

ROLE OF THE GOVERNMENT.

Supply Side policies. Supply side policies aim to… Improve the efficiency of factor markets, to boost productivity and hence the overall capacity of the.

By Mrs Hilton for revisionstation

Macroeconomic Policies

The Nature of Economic Growth A2 Economics. Aim: Understand how to generate economic growth Objectives: Explain how governments generate economic growth.

Firms & Technological Change

(see also Chapter 13).  Sustainability is being able to endure and survive in an environment into the future.

Supply-side Indicators for the UK Economy Tutor2u Economics February 2009.

Supply Side policies AS Economics.

Explain why trade should reduce poverty Trade creates jobs for people working in export industries and supporting industries. There can be a knock on.

2.1 Mixed and Market Economies

The Small-Firm Sector. Defining the Small-firm Sector EU definition of SMEs –by number of employees micro enterprises small enterprises medium enterprises.

The Political and Legal Environment

Starter task Write down everything you know about government for the hot seat challenge!

Its a question of size! Research:  What is the biggest company in the World? (you need to justify your answer).

Benefits of Competition Policy and Law for Businesses.

3.1.1 The Role of Marketing. Learning Outcomes To be able to define marketing To understand why identifying and satisfying customer needs are important.

The Benefits & Drawbacks of Business Growth

STARTER: WHAT IS THE INTEREST RATE IN THE UK?. Interest Rates To identify what interest rates are and how they change To analyse the impact changing interest.

KQ: HOW CAN THE ENVIRONMENTAL IMPACTS OF CHANGES IN WORK BE MANAGED SUSTAINABLY – CASE STUDY: MEXICO Environmental Impacts – Growth (Case Study: Mexico.

IGCSE Business Studies Globalisation. LEARNING OUTCOMES: –To have an appreciation of how international trade influences an economy, its sectors, competition,

The UK Supply Side. Key supply side concepts Aggregate supply Incentives for people and businesses Productivity The economy’s productive potential Capital.

Michel Martinez, Journées de l’IDATE, European Enlargement and ICT, 24 novembre R E X E C O D E European Enlargement and ICT Industrial Issues,

A2 External Influences Government policies affecting business.

Lesson 1.7 Specialization and Exchanges SSEF3 A. GIVE EXAMPLES OF HOW INDIVIDUALS AND BUSINESSES SPECIALIZE. SSEF3 B. EXPLAIN THAT BOTH PARTIES GAIN AS.

Section 2 – Background to Holden plc. Lesson objectives To be able to discuss the roles of each of the shareholders To be able to discuss the 2008 move.

Section 7 - Prospects for the town of Bowton. Lesson objectives To be able to discuss how business might be affected by changes in the level of government.

Government Intervention. What do we need to know… What is government intervention Arguments for and against government invention Main economic objectives.

Unemployment – what does this show?

Theme 1: Introduction to markets and market failure

Changing the competitive environment

International Trade ECN 211: Dr. KUMAR.

Starter Activity Discussion point pg 27:.

Starter Activity Think point:

Government Policy Instruments

Potential macroeconomic essay questions

Possible Essay Use Exam style question text pg 6

4.3 Increasing efficiency and productivity

3.4 Managing the Economy Fiscal Policy

Next topic: Policies for Growth and Development

Objectives of Growth 3.2 Business growth.

Next topic: Policies for Growth and Development

GDP, Spending, and Economic Growth

MGT 498 EDU Lessons in Excellence-- mgt498edu.com.

MGT 498 TUTORIAL Education for Service--mgt498tutorial.com.

Fiscal Policy: Spending & Taxing

Economics – Chapter 2, Section 3

How Do Business Cycles Affect Small Businesses?

Lesson Objectives All students will understand Most students will

Lesson Objectives Must learn: understand what is the business cycle and what it consists of Should learn: that economic activity tends to rise and fall.

Medical Technology Industry Sector Blueprint

Business Objectives Starter

Starter – or pre lesson task

Starter – recap test Define opportunity cost, using an example (3)

A2 Operations Management

Change management THE TIMES 100.

Stakeholders Starter If Beauchamps High School was planning to build a new floodlit 3G Football pitch on the school field – who would be affected by.

The Price Mechanism Discussion point pg 54 – tablet computers

Economics of Specialisation

Lesson Objectives All Students will Most students will

All the businesses created by group

How Do Business Cycles Affect Small Businesses? Mrs Gutteridge

Fiscal Policy: Spending & Taxing

Profit, Competition and Decision Making Model

Balance of Payments Adjustment Policies

Do Now! State: 5 Reasons why a business may want to exist The 3 types of Business Activity (Sectors of Industry)

Zero-based Budgeting for You. Zero-based Budgeting concept is applicable in all industries and personal finance. It lets every business management to.

Presentation transcript:

Research and Development (R&D) Starter Discussion points pg 11

Lesson Objectives All students will understand Most students will The concept of innovation and R&D Most students will be able to apply these to different business contexts Some students will Evaluate the importance of innovation and R&D in maintaining competitiveness Progress Arrow

R&D Leads to innovative and attractive new products for the marketplace. Innovation can also be applied to new production techniques. Note – do not confuse R&D with Market Research!

Task Which industries do you think invests most in R&D? Why?

Biggest spenders on R&D Consider table 3.1 pg 12

Why do firms invest in R&D To gain a competitive advantage To become more efficient and lower costs Increase market power To extend the product life cycle For each of the above consider how investing in R&D could achieve this

The Product Life Cycle (use fig3.1pg14) £

The role of state funding Do you think the government should subsidise business investment into R&D? Hwk – investigate levels of state funding into different sectors R&D

The role of state funding for R&D Innovation is crucial to economic growth. Innovation leads to benefits for consumers, increased profits and wages, possibly increasing exports and creating jobs. Large UK businesses are entitled to 11% corporation tax relief on their R&D spending. Smaller businesses (less than 500 employees) receive 26% relief on R&D spending.

Plenary Plan out an answer to exam question pg 15 Progress Arrow