U.S. · IEEE Spectrum AI
Why R&D Waste Persists Despite Widespread AI Adoption
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Innovation leaders face increasing pressure to deliver breakthrough products faster while making smarter investment decisions.
Key facts
- The 2026 R&D Benchmark Report examines how leading organizations are responding to these challenges, and where they continue to struggle
- Based on a survey of more than 200 senior R&D professionals across North America, the UK, and Europe, this industry report reveals where innovation teams are losing time, budget, and competitive
- IEEE Spectrum Magazine, the flagship publication of the IEEE, explores the development, applications and implications of new technologies
- Founded in Singapore in 2007, Patsnap is a global leading innovation intelligence company
Summary
Based on a survey of more than 200 senior R&D professionals across North America, the UK, and Europe, this industry report reveals where innovation teams are losing time, budget, and competitive advantage—and how better intelligence can improve decision-making before costly investments are made. In this report, you’ll learn:. Why more than one-third of organizations spend 25–40% of their R&D budget on projects that never reach market. Why nearly half of respondents estimate losing more than $1 million every time a late-stage project is canceled.