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Q. How do IRI product development costs compare with inhouse product development costs? |
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A. Far less, since the client is not laden with maintaining an internal R & D team of engineer and technician with their overhead burdens. IRI is also less expensive than consulting houses because it works faster and at with less internal overhead of its own. The cost of obtaining patents is also cheaper because IRI staff writes the teaching portion of each patent, thus avoiding costly hourly fees of patent attorneys.
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Last Updated ( Wednesday, 07 December 2005 )
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