Strengthen R&D specializations

Understanding your district’s R&D means articulating your strengths and capacities with specificity. It means moving away from broad fields of sectors to strong or emerging specializations.

In 2016, at least 54 nations boasted of possessing at least one biotechnology hub. North America alone identified over 30. A review of the leading hubs for bioelectronics or immunotherapy in transplant or orphan drug development yields a much smaller list.

There’s value in identifying R&D niches to develop a clearer competitive advantage.