Industry Research Funding Strategies: Internal, Contract or University?

Abstract:
Manufacturers that discover and develop active ingredients for the urban pest management market are generally agricultural chemicals companies. As the agricultural chemical industry has expanded into seeds and biotechnology, existing challenges in funding urban pest management research and development have been amplified and new challenges have emerged. Among the considerations for decision-making on whether research studies will be conducted internally or externally are profitability outlook, cost, intellectual property and expertise.