Articles by tag: R&D
Research and development, or R&D, is important for the growth of any company. It helps companies investigate their best business strategies, and where they can improve to make better products, services, and of course, more profits. Many organizations have a designated R&D team and for technology companies such as Volta Energy, this department is essential […]
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What the Changes to IRS’s Code Section 174 Means for Taxes This Year
For businesses, tax season can be especially stressful, given the weight of information to prepare and consider, along with various changes coming from the IRS. The Tax Cuts and Jobs Act of 2017 amended Code Section 174, whereby requiring companies to capitalize and amortize costs for their R&D expenses starting in the 2022 tax year. […]
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CHIPS Act Will Bring A Wave of R&D to Semiconductor Manufacturing
The U.S.’ tech supply chain is getting a strategic helping hand from Congress, as the CHIPS ACT (Creating Helpful Incentives to Produce Semiconductors) has passed both the House and Senate, 243-187 and 64-33, respectively. Designed primarily to boost semiconductor manufacturing in a bid to compete with China’s strength in the sector while also addressing the […]
Engineering & Construction
Pulling Back the Curtain on Worthen’s R&D Process
When it comes to research and development, a chemist’s work is never done. And Ian Churcher, R&D Laboratory Manager for the foam fabricating division of Worthen Industries with 27 years at the company under his belt, isn’t expecting to stop innovating any time soon. “It’s never complete. I guess you might think, well, we’ll hit […]
Building Management
A How-To on Protecting Innovative Ideas
Protecting new ideas, processes, and products is as important as developing them in the first place. On this episode of MarketScale’s Building Management podcast, Seckin Ozol, vice president of engineering research and development for Transhield, sat down with host Sean Heath to discuss their approach to protecting ideas and developing responsible products. Any company […]