{"id":23246,"date":"2017-10-10T16:49:00","date_gmt":"2017-10-10T13:49:00","guid":{"rendered":"https:\/\/componentbyozdisan.com\/?p=23246"},"modified":"2024-12-17T08:24:21","modified_gmt":"2024-12-17T05:24:21","slug":"growth-strategies-should-be-supported-by-rd-investments","status":"publish","type":"post","link":"https:\/\/componentbyozdisan.com\/en\/growth-strategies-should-be-supported-by-rd-investments\/","title":{"rendered":"Growth Strategies Should Be Supported by R&D Investments"},"content":{"rendered":"
\n
\"R&D\"
MUHARREM \u015eAHBAZ
R&D SUPPORT DEPARTMENT MANAGER<\/strong><\/figcaption><\/figure>\n<\/div>\n\n\n

As the economic borders disappear in today\u2019s globalized world, the competitive conditions have also changed. Companies that aim to survive in today’s market conditions have to constantly renew and improve themselves. At this point, R&D is a vital aspect that all companies engaged in production activities should focus on. For many years, it has been accepted that \u201dthere is no sale without production, and as long as the goods are not sold there is no point in manufacturing a product”. In today\u2019s conditions, however, it has become inevitable to add another phrase saying \u201dIf there is no R&D, both are impossible\u201d . When assessed from the point of view of a field application engineer, this table clearly reveals the relationship between R&D and economics. The world is much smaller now. The source is certain, the manufacturer is certain, the distances are short. What makes a difference at this time is not the distances or the inaccessibility of resources, but the distance and accessibility of information. Everyone is as valuable and powerful as the know-how they have. From this, we can clearly say that R&D is very important in economic growth, and a special budget should be allocated to R&D. I believe that the R&D is the water of the economy plant. A system that does not water itself will eventually dry out. For this reason, all the companies or countries that aim to survive and grow should allocate a certain proportion of their income to R&D. A product that does not exist has no economics, logistics, marketing or accounting values. And a product can not exist without R&D. No product can be manufactured without R&D.<\/p>\n\n\n

\n
\"Strategies\"<\/figure>\n<\/div>\n\n\n

\u201dWhile the developed countries mainly focus on R&D activities, developing countries are focusing more on production activities.\u201d<\/strong><\/strong><\/p>\n\n\n\n

The economy revolves around technology<\/strong><\/strong><\/h5>\n\n\n\n

In this electronic age, which has fundamentally affected humanity, we can suggest that the economy revolves around technology. R&D studies will further accelerate during the transition to the technologies of the future. Because, the secret to be successful in the global competition in the long term lies in anticipating appropriate investments in advance. Whoever has more information will get a bigger share of the pie. While the developed countries mainly focus on R&D activities, developing countries are focusing more on production activities. Technology companies are the leading businesses in developed countries, while construction companies are the leading businesses in developing countries construction. Considering all these facts, we can claim that R&D is a critical component of economic growth and a budget should be allocated to this field.<\/p>\n\n\n\n

Those who invest in innovation will stand out<\/strong><\/strong><\/h5>\n\n\n
\n
\"Strategies\"<\/figure>\n<\/div>\n\n\n

Many of the global giants such as Apple, Amazon, IBM, Facebook, Microsoft and Tesla Motors all stand out with their investments in innovation. The U.S. is well ahead in R&D investments. R&D investments have been accelerated in our country in recent years as well. R&D centers have been started to be established with the increasing government incentives. We can suggest that the companies that want to obtain a share in the development of the economy and provide high added value both to the environment and their industries are more sensitive on R&D. At this point, the key strategy should be as follows: Growth strategies should be implemented along with R&D and innovation activities. Companies that stand out in the development of high-tech products and invest in innovation will always be one step ahead of their competitors. I hope that our companies, businessmen, and the companies that dominate the market for hundreds of years now implement systems that can establish strong economies.<\/p>\n","protected":false},"excerpt":{"rendered":"

As the economic borders disappear in today\u2019s globalized world, the competitive conditions have also changed. Companies that aim to survive in today’s market conditions have to constantly renew and improve themselves. At this point, R&D is a vital aspect that all companies engaged in production activities should focus on. For many years, it has been […]<\/p>\n","protected":false},"author":1,"featured_media":23247,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2274,2079,1742],"tags":[2275,2190],"class_list":["post-23246","post","type-post","status-publish","format-standard","has-post-thumbnail","category-1-issue","category-expertopinion","category-issues","tag-1-issue","tag-expertopinion"],"yoast_head":"\nGrowth Strategies Should Be Supported by R&D Investments - Component By \u00d6zdisan<\/title>\n<meta name=\"description\" content=\"Strategies, R&D centers have been started to be established with the increasing government incentives. 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