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Australia’s business R&D workforce grows 15% in 2011-12

The latest figures from the Australian Bureau of Statistics (ABS) show that the country’s business research & development (R&D) workforce grew 15 percent to...

Toyota annual report shows company spends $1 million an hour on product development activities

Toyota spends a little over $1 million an hour on research and development, based on figures from the company’s latest annual report. Toyota Motor Corporation...
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.