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Partnerships
Success in product development stems from an organization's ability to quickly transfer ideas from R&D to production - at minimal expense. We provide technical expertise to enable an organization's management team to meet its strategic business goals both on time and within budget. This is done through one of two partnership arrangements:
Contract Partner - R&D expertise is contracted for periods ranging from several days to years depending on the magnitude of the project. The up-front costs are borne by the contract partner, who in turn retains all intellectual property, as well as revenues from commercial product sales.
Business Partner - R&D expertise is contracted for product development activities that are geared towards product commercialization within a 6 month to two-year time frame. In comparison to a contract partner arrangement, the up-front costs for a business partner arrangement are significantly reduced. Instead, the full R&D costs are recovered upon successful commercial sale of the resultant products, technology, and/or intellectual property - typically through profit sharing and/or technology licensing agreements.
- Regardless of the partnership arrangement you choose, you can be assured that when you invest in A. A. Parker, you not only benefit from years of R&D experience, you benefit from an R&D focus which leads to timely and economical product commercialization.
- We are not burdened with the high overhead and operating costs of larger organizations, and we also carefully choose our projects so that we can focus our resources on the achievement of timely success.
- Our strategy enables us to take a "hands-on" approach with every problem - insuring that you receive the fullest value from your investment.
- You get the benefit of extensive product development experience as well as expertise in organizational management and team building - all essential tools for success.
- In addition, you benefit from a network of universities, professional engineers, and scientists; all of whom can assist with the most challenging of assignments.
- Our partners include Fortune 500 companies that hire us because of the measured value they receive, and small companies that otherwise cannot afford to maintain a permanent R&D staff.
©2001-2009, A. A. Parker, Ph.D.
Contract Research and Development
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