$9 Bil Spent On R&D, Wats The Return?

[makapaaa]

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Coffeeshop Chit Chat - $9 Bil Spent On R&D, Wats The Return?</TD><TD id=msgunetc noWrap align=right>

Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">SGNEWSALTE <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">10:04 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 2) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>4301.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>After spending a whopping US$9.14 on R&D, the pertinent question is what is the return? So what if our R&D intensity is above the average for OECD if we cannot produce any significant result. It is easy to just splurge on expensive buildings, infrastructure, foreign researchers...., at the end of the day, it is the results that count, and Singapore has nothing of significance to show for except boasting about it ranking in R&D spending.
http://www.livemint.com/2008/12/24161456/Singapore-focussing-majorly-on.html?h=B
Singapore focussing majorly on research and development


The republic spent $9.14 billion on R&D last year

Singapore: Singapore spent $9.14 billion on research and development last year, putting the republic closer to establishing itself as an R&D powerhouse.

The republic’s overall expenditure on R&D last year increased by 26.5% from the 2006 level of $7.3 billion, announced the Agency for Science, Technology and Research (A*STAR) that conducts the annual national survey of R&D in Singapore.

The agency said yesterday that the unprecedented year-on-year increase by 26.5% was a significant jump from the 9.3% year-on-year increase in 2006.

As a percentage of GDP, the gross domestic expenditure on R&D (GERD) rose from 2.31% in 2006 to 2.61% last year.

A*STAR said with GERD at 2.61% of the gross domestic product (GDP), Singapore’s R&D intensity was above the average for the OECD (Organization for Economic Cooperation and Development) of 2.26% in 2006 and in Germany at 2.53% in 2006, and was approaching that of the United States at 2.68% in 2007.

However, the agency said Singapore still lagged behind R&D intensive economies such as Finland 3.41% in 2008, Sweden 3.63% in 2007, Japan 3.39% in 2006 and South Korea 3.22% in 2006.

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[makapaaa]

The return is that I'm able to feed lotsa FTs and make Daddy proud and happy! *zzzz*​

 

[vamjok]

the one who made that statement about getting results in R and D obviously did not do R and D before. he thinks is like pri sch spelling test is it. as long you study for it you will get 100 marks

its this kind of silly mindset by non-scientific people up the management that kills of a lot of R and D projects and chased away many great minds.

end up most of the scientists will just go to US and carry on their projects from there.

 

[jw5]

Better to spend on r&d than to give to underachieving ministers.

 

[williamsF1]

R&D is the most convenient excuse/justification for any organization to expand $. development costs knows no limit, unless somebody set a cap to the expense limit.

 

[The_Latest_H]

Frankly it depends on what and how R&D is done. If its done in a politicised way, and awarded on the basis of pork barrel reasons, then its of no point.

It'd the same if it was awarded on the basis that these R&D have long been done in other countries, and thus wasteful.

But if R&D is truly done on the flip side of all three I stated above, then R&D is a good investment. There are risks, but these are risks worth the calculation. After all, space travel during the 50s and 60s were risky, but the US had no choice.

And it was also government money that funded the R&D for the Internet pioneers back in the 60s to create a nuclear-war proof electronic communications network.

 

[funglung]

lau lee running dogs and cronies happy like crazy.

who the fug are you peasants screaming about?

you think that 9 billion yours ah.

anything once taken by lau lee no longer yours.

if still yours, he take some more.



Funglung

the Mad Dragon

 

[wikiphile]

Thats some expensive trial and error

 

[chupacabra]

True R & D begins in ordinary folks homes. This can never happen in peesai.

Sinkees mentality is already program to work like slaves and bring home peanuts.

Sinkees can never think out of the box. Even if they did, they will be frown upon and not be rewarded.

Sinkees do not own their homes.

Sinkees can never create anything.

Sinkees need their maids to wipe their asses.

Peesai's R & D efforts have resulted in developing a unique product, which are Sinkees.