Monday, October 24, 2011

Big spending in R&D does not necessarily equal to being very innovative

Big spending in R&D does not necessarily equal to being considered "very innovative". It appears that top 'Innovators' rank low in R&D spending. A new report by Booz & Co. says that for many companies innovation is a top priority. However, few of the biggest R&D spenders crack the top 10 in terms of being considered "innovative" by their peers. Booz identified 1,000 companies with the biggest 2010 research-and-development budgets. The point is to spend more wisely money to buy or build innovation.

Louis Rhéaume
Infocom Intelligence
louis@infocomintelligence.com
Twitter: @InfocomAnalysis

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