Nearly half of American manufacturers are planning to double their research and development investment over the next two years, according to the 2014 Global Manufacturing Outlook by KPMG LLP.
The move is the result of a need to make their products more relevant, more efficient or just generally better, to compete in a global economy.
"To be in the game today, you've got to have products that are not just cost competitive, but feature competitive," said Jeff Dobbs, partner and global chair of industrial…
Nearly half of American manufacturers are planning to double their research and development investment over the next two years, according to the 2014 Global Manufacturing Outlook by KPMG LLP.
The move is the result of a need to make their products more relevant, more efficient or just generally better, to compete in a global economy.
"To be in the game today, you've got to have products that are not just cost competitive, but feature competitive," said Jeff Dobbs, partner and global chair of industrial…