Technology

Snyder Cohn Knows that Effective R&D Requires Good Fundamentals

Snyder Cohn understands that technology firms—from information technology to biotech—face rapid shifts in technology trends, research and development priorities and market requirements. Our role is to provide accurate and timely accounting, tax and finance related services so technology companies can focus on their core priorities.

Snyder Cohn understands key trends and challenges that are impacting technology firms, including:

• Technology firms’ dependence on foreign workers on H-1B visas faces a 2010 annual cap of 65,000, but the H-1B Visa Reform Act of 2004 makes available 20,000 additional H-1B visas each year for foreign workers with a Master’s or higher level degree from a U.S. academic institution.
• Companies are successfully licensing and commercializing technologies from universities, causing many schools to demand royalties and fees in exchange for licenses.
• Similar to university tech transfer, companies are licensing and commercializing technology from Federal government labs. In fact, more than 5,000 firms have signed research and development agreements with federal labs.