What is the DuPont process for innovation?
DuPont invests more than $1 billion a year on research and development (R&D) in multiple disciplines and is home to one of the world’s largest industrial R&D facilities, the Experimental Station. The result of such sustained R&D efforts is discontinuous innovation, the sudden appearance of a major breakthrough in technology that can yield entirely new products, processes, or services. Results occur only after great difficulty and long perseverance, and involve the interaction of technological research and market development. Collaborative R&D with other companies, and the licensing of intellectual assets (property) are also increasingly playing a role in the process. For more perspective on our approaches to technical development, see DuPont Science.